USDTRY New trading range and the end of correction !
As I have posted last week, Turkish Lira has
started its correction against USD. But not
7.8000 is my support level, which will be
hard to cross, if there will not be strong
fundamental advantage. We can expect
8.0000-7.8000 range for next several weeks.
I will update analysis if there will be some
crutial news.
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
tradingview.com/streams/CgPlvMBKBMpZ5kNYKq0-P/
started its correction against USD. But not
7.8000 is my support level, which will be
hard to cross, if there will not be strong
fundamental advantage. We can expect
8.0000-7.8000 range for next several weeks.
I will update analysis if there will be some
crutial news.
Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)
Check out my next stream "What is divergence, why it is important for trading?"
tradingview.com/streams/CgPlvMBKBMpZ5kNYKq0-P/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.