Hi everyone! Technical indicators indicate temporary oversold of USD/TRY. Now pair continues the movement in a local downside channel, but approaches support at the level of 8.59-8.60. On it I expect the movement up to the upper bound of the channel.
Purchase from the support noted on the chart.
TP = 8.6760
SL = 8.58419
Information provided is only educational and should not be used to take action in the market.
This section is intended for short-term speculation. Be ready to leave a position at any time.
Purchase from the support noted on the chart.
TP = 8.6760
SL = 8.58419
Information provided is only educational and should not be used to take action in the market.
This section is intended for short-term speculation. Be ready to leave a position at any time.
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Trade active
Trade closed: stop reached
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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.
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.