TradingView
ForecastCity
1 déc. 2020 13:43

💡Don't miss the great buy opportunity in USDTRY  Long

USD/TRYOANDA

Description

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (7.8242).
. 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 61.

Take Profits:
TP1= @ 7.9028
TP2= @ 7.9588
TP3= @ 8.0394
TP4= @ 8.1861
TP5= @ 8.3224

SL= Break below S2

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Commentaires
Josef_anderson
The chart is excellent. Good choice. 👌
ForecastCity
@Josef_anderson, That's good to hear. We appreciate your comment.
Kamryn
I definitely agree with you.
ForecastCity
@Kamryn, Thanks for sharing your support.
Kristalyn
I love the idea. As usual great detail and I think i can profit.
ForecastCity
@Kristalyn, Thanks for your kind comment. 👍
Pro_Trader_007
Superb! 🔥 tnx for sharing it 👌
ForecastCity
@Pro_Trader_007, You're welcome!
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