TradingView
ForecastCity_ME
Dec 1, 2020 1:49 PM

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

USD/TRYOANDA

Description

β‹…
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (7.8242).
. 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 61.

Take Profits:
TP1= @ 7.9028
TP2= @ 7.9588
TP3= @ 8.0394
TP4= @ 8.1861
TP5= @ 8.3224

SL= Break below S2

❀️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the πŸ‘ LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❀️ Your Support is very much πŸ™ appreciated!❀️
πŸ’Ž Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, ❀️
ForecastCity English Support Team ❀️
Comments
Mesutkashmar
β‹…
Very nice chart.
Good analysis
ForecastCity_ME
β‹…
@Mesutkashmar, Thank you for sharing your feedback.
We hope you enjoy it.
JAY24SAN31
β‹…
good analysis sir....keep it up
ForecastCity_ME
β‹…
@JAY24SAN31, Thank you
sofi_Morphy
β‹…
πŸ”₯πŸ‘
ForecastCity_ME
β‹…
@sofi_Morphy, Thank you
More