USDTRY 7.347553 0% LONG IDEA * CONTINUATION PTTNS & PRCE
Updated
Good day everyone
Hope everyone is having a good one in the markets this week.
^ Here's a look a the DOLLAR / TURKISH LIRA
* The pair broke out of the descending channel structure and pulled back for a retest of this structure signalling continuation.
* Currently traded in a bull flag which saw a break above and a pull back to retest structure also possibly signalling continuation of this move.
* Looking for the bulls to continue their rally to the upside Targeting resistance level 7.62266
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Hope everyone is having a good one in the markets this week.
^ Here's a look a the DOLLAR / TURKISH LIRA
* The pair broke out of the descending channel structure and pulled back for a retest of this structure signalling continuation.
* Currently traded in a bull flag which saw a break above and a pull back to retest structure also possibly signalling continuation of this move.
* Looking for the bulls to continue their rally to the upside Targeting resistance level 7.62266
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Trade active
Trade closed: target reached
target reached successfully
Related publications
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.