ForecastCity

💡Don't miss the great buy opportunity in USDTRY

Long
OANDA:USDTRY   U.S. Dollar / Turkish Lira
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.6470).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 51.

Take Profits:
TP1= @ 8.7468
TP2= @ 8.7942
TP3= @ 8.9505
TP4= @ 9.1263

SL= Break below S2

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Comments

Thank you for this nice idea.
+1 Reply
@Lizabet, It's our pleasure! Thank you for your comment.
Reply
Thanks a bunch .
+1 Reply
ForecastCity Sophi2018
@Sophi2018, It's our pleasure!
Reply
Nice analysis, Thanks for sharing.
+1 Reply
ForecastCity carefulOwl22772
@carefulOwl22772, We appreciate your support
Reply