Possible Short TRYJPY 4H

Short

Turkish Lira/Japanese Yen (FX:TRYJPY)

Mis à jour

FX:TRYJPY Turkish Lira/Japanese Yen

Trend Analysis Technical Indicators

trendanalysis indicator

In a nutshell:

TRYJPY refused to move above EMA200
Volume dreases at current price Level
Don´t short before the current uptrend line will be broken

This is not an advise it is my personal opinion

Commentaire:

It seems that TRYJPY is going to test the downward Trendline ("fat" blue line). Hence no point to move short right now.

Transaction en cours

Commentaire:

Nice drop so far...

Commentaire:

50 pips

Commentaire:

This trade is still very volatile; but I am still betting on lower investor´s confidence due to the new Turkish cabinet (new Council of Ministers).

Trade fermée: cible de profit atteinte:

85 pips; selling of 85% of the Position. Take SL to BE and go for the extra mile (in my case just another 15 pips…) Have a nice day!

Commentaire:

TP 2 was reached…

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