💡Don't miss the great buy opportunity in USDTRY Long

USD/TRYOANDA

Description

⋅ Apr 30, 2021 3:06 PM

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (8.24484).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDTRY is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.

Take Profits:
TP1= @ 8.31443
TP2= @ 8.36158
TP3= @ 8.39922
TP4= @ 8.44257
TP5= @ 8.48527
TP6= @ 8.60000

SL= Break below S2

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Comments

Lizabet

⋅ Apr 30, 2021 4:48 PM

excellent chart . Thanks for the beautiful setup!

ForecastCity_ME

⋅ Apr 30, 2021 5:16 PM

@Lizabet, Thanks for your comment.

sofi_Morphy

⋅ Apr 30, 2021 4:43 PM

Thanks a lot for sharing

ForecastCity_ME

⋅ Apr 30, 2021 5:16 PM

@sofi_Morphy, It's our pleasure!

davidgolandak

⋅ Apr 30, 2021 5:59 PM

Thanks for your ideas.

Mehmetozdemi

⋅ Apr 30, 2021 5:45 PM

Very nice chart.

yusufipek1989

⋅ Apr 30, 2021 5:38 PM

Many thanks for sharing this chart.