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TURKISH LIRA / POLISH ZLOTY

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TRYPLN trade ideas

PLN/TRY Strong Buy Fundamentally the Poland economy is showing green signs to recover,while new crisis ae threathenning Turkish economy Technically A long solide series of Higher Highs and Highe Lows is giving a stong bullish picture The Bullish volume is creating more often while the short setups get quickly stopped by very low volumes. PLN boke aleady 20-50-76 and 193 Higher highs succesfully by veyy high volumes that indicates the beakouts have been valid. The strategy is trend. One possibilitiy is to buy the minor trends pullbacks in direction of the major trend
Long
by DaveBrascoFX
CANDLSTICK or BARS. What common?There are public rules for graphing price movements on the charts of various market assets. There are two main types of designation: Candles They were invented by the Japanese rice merchant Homma Munehisa, which is why they got the name - Japanese candles. The candlestick gives information about deals within the selected period: - Opening - the initial price of the period, the price of the first deal. - High - the maximum price of the period - Low - reasonable price of the period - Close - the closing price of the period, the price of the last deal. - The bod y of the candle is the distance between the open and close. - Candle shadow - deviations from the opening and closing prices, maximum and minimum values ​​of prices. Depending on which direction the price went: rose or fell - the candlestick can be bearish or bullish. Bars This type of image is not much different from candles. They consist of exactly the same parts and display all the same information. The bar is rather a more compact candlestick image. Instead of a full-fledged "body", only a vertical stroke is displayed. What kind of depiction of price movements do you prefer? Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Education
by Lingrid
22