USDTRY LONG
Potential USDTRY trade opportunity.I have a bullish bias so i have to wait for a breakout
to close above the 15mins
zone and the 1hr trendline
Careful we always wait for a retest after the breakout candle,also something to consider is this
particular pair is relaing heavily on news reports so be carefull.
If it goes the other way and brakes the lower zone 6.42690 i would personally wait to see what will
happen with the lowest zone that price has rebounded 3times.If it brakes that and closes bellow after
the retest i would most likely sell this.
to close above the 15mins
zone and the 1hr trendline
Careful we always wait for a retest after the breakout candle,also something to consider is this
particular pair is relaing heavily on news reports so be carefull.
If it goes the other way and brakes the lower zone 6.42690 i would personally wait to see what will
happen with the lowest zone that price has rebounded 3times.If it brakes that and closes bellow after
the retest i would most likely sell this.
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