larizzy

USDTRY - 1 Day - Short Cradle Play

Short
larizzy Updated   
OANDA:USDTRY   U.S. Dollar / Turkish Lira
The USD looks to be in a nice downtrend against the Turkish Lira.

I like how the price has bounced off the fib cluster levels of 38.2 and 61.8%. We have convergence and a trend on the trigger chart and next higher time frame.

I'm happy to raise orders for this as a short play.

Peace :)
Trade active:
My entry was triggered and am now waiting for this to play out.
Trade active:
1:1 hit. Will be following the trend with my stop loss
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.