U.S. Dollar / Turkish Lira
Short
Updated

USDTRY: ABCD on Daily chart looks promising

Weekly 44&77 MAs have just crossed, so it looks like the Bearish sign has happened. ABCD on Daily chart looks promising however daily 44&77 MAs have not crossed yet. This mean that this trade is very risky and not for beginners or those who prefer careful approach.

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The dangerous asset. A rigorous risk management is mandatory.

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