EURTRY Long Setup
Updated
For those trading Turkish Lira, price has hit the daily trendline and is looking for more upside momentum. Breakout of this trendline would confirm short-term bearish price action. Fundamentals are still looking weak for the lira however so long orders are favoured. A bounce off the daily trendline would confirm long-setups along with confirmation from the MARSI.
Trade closed: target reached
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.