USD/TRY: section fast transactions

Sell 8.4228
TP 8.0100
SL 8.5600

Information provided is only educational and should not be used to take action in the market.
This section is intended for short-term speculation. Be ready to leave a position at any time.

Trade active

Hi everyone! As I showed in the previous global review, the price is at top of the ascending channel. It can say at least about a possibility of the small movement down. On indicator CCI divergence is observed, the MACD indicator is close to a turn too. Therefore I consider that there will be a movement down at least till 8:01 about a zone of interest of buyers. All of successful trade!

Note

SL will be 8.7100 !!

Trade active

USD/TRY forms a triangle and, personally I, I see only one scenario - leaving of lira in correction, price movement down. We will see everything soon.

Trade active

Changed SL to old value = 8.56 !
There is a probability of the movement by 8.84.

Trade active

The small triangle is passed up. It will be probable the last calling on up.

Note

Pass of border of a triangle took place on the low amount therefore attentively we look behind the current situation. It is necessary to be ready to leave on SL on 8.56.

Trade closed manually

Closed manually on 8.51 !!!

Trade active

Sold again on 8.52 !

SL will be 8.61

Trade active

SL will be 8.74 !!! Trading active.

Trade active

Attention! Changed the purpose on the ideas on 8.165 !!!
8.165 it will be reached repeatedly soon. There also we close positions!

Trade closed: target reached

Note

The objectives (changed) are achieved! Profit is got! Not only profit earning, but also risk minimization is important for me.

Yuriy_Kuznetsov

Related publications

USD/TRY: very global look.

by Yuriy_Kuznetsov

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