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ForecastCity_ME
May 27, 2021 1:28 PM

πŸ’‘Don't miss the great buy opportunity in USDTRYΒ Long

USD/TRYOANDA

Description

β‹…
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.4295).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.

Take Profits:
TP1= @ 8.4585
TP2= @ 8.4850
TP3= @ 8.5110
TP4= @ 8.5510
TP5= @ 8.5855

SL= Break below S2

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Comments
jupitex
β‹…
Thanks for sharing.
ForecastCity_ME
β‹…
@jupitex, You're most welcome
Megan_forex
β‹…
thanks for sharing.
ForecastCity_ME
β‹…
@Megan_forex, You're welcome
carefulOwl22772
β‹…
I really appreciate your work.
ForecastCity_ME
β‹…
@carefulOwl22772, It's our pleasure
Sophi2018
β‹…
You're the best. Thanks for sharing.
ForecastCity_ME
β‹…
@Sophi2018, Most welcome
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