Hey, I am back with another idea, this time looking at Forex pair of USD/TRY
USD/TRY pair has been spotted in a bear flag, which is considered as bearish formation, strong in downtrend and also as the EMA's are getting tighter, there is move likely to happen soon at this level.
I would short this pair at the resistance area.
Have a good luck with trading, don't forget to stick to your strategy.
Each new follower and like is very much appreciated! 🙌
USD/TRY pair has been spotted in a bear flag, which is considered as bearish formation, strong in downtrend and also as the EMA's are getting tighter, there is move likely to happen soon at this level.
I would short this pair at the resistance area.
Have a good luck with trading, don't forget to stick to your strategy.
Each new follower and like is very much appreciated! 🙌
Trade closed: target reached
Profit has been taken ✅
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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.