USDTRY parity is just below the resistance, I think this parity will rise in the long term.
But here we are in a profitable region as a risk / reward ratio, I think it can be tried with very small position sizes.
Recommended parameters:
RISK/REWARD RATIO : 1/2.86
POSITION SIZE : % 1
STOP-LOSS : 5.72875 (Close over this level )
GOAL : 5.58257 ( Minor support of USDTRY 4H )
But here we are in a profitable region as a risk / reward ratio, I think it can be tried with very small position sizes.
Recommended parameters:
RISK/REWARD RATIO : 1/2.86
POSITION SIZE : % 1
STOP-LOSS : 5.72875 (Close over this level )
GOAL : 5.58257 ( Minor support of USDTRY 4H )
Trade closed: stop reached
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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.