Bulls Moving Price on The USDTRY
Last post: May 25h. See chart.
Review: The bulls resumed control of the market following a volatile day in the market.
Update: This was short-lived as the bears came in strong and pulled back to a pivot support zone where price has bounced to the upside.
Conclusion: Applying patience until the high of May and the major round number 5.0000 is cleared. Will then consider more long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: The bulls resumed control of the market following a volatile day in the market.
Update: This was short-lived as the bears came in strong and pulled back to a pivot support zone where price has bounced to the upside.
Conclusion: Applying patience until the high of May and the major round number 5.0000 is cleared. Will then consider more long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading