Trade Signal USDTRY

Forex Trading Tutorial Videos about Technical Analysis, Fibonacci Formula, Popular Indicators, Robot and usage of Basic Tools. We provide 99% successive signals for profitable trading result in end of the month. Free Forex Trading Account Register Click Register it
Post Reply
User avatar
ஆதித்தன்
Site Admin
Posts: 12015
Joined: Sun Mar 04, 2012 1:17 am
Cash on hand: Locked

Trade Signal USDTRY

Post by ஆதித்தன் » Fri Aug 16, 2019 12:21 pm

Trade idea

SELL 5.52; TP1 5.50; TP2 5.45; SL 5.54

USD/TRY met resistance near the line connecting 2019 highs in the 5.62 area. This is also where the 50-week MA is capping the price. The pair is currently testing levels below the 200-day MA (5.55). The key area on the downside is located at 5.5220 (50-period MA on H4 and 200-hour MA on H1). The decline below this level will open the way down to the last week’s lows in the 5.45 zone.
Post Reply

Return to “Forex Trading Tutorial & Signal”