USDTRY - buyers taking back control?
LONG - USDTRY
SL: 5.65900 (Suggested by our algorithmic system)
TP: 5.82319 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Price on a soft support level
2. At the time price is respecting the previous long hammer candle, not falling below the bottom of the wick.
3. Volume indicators suggest bullish accumulation
Caution: MACD indicator is still bearish
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Blue Solid Line: Support Trendline
Blue Box: Soft Support Levels
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/mTN4YCh (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
SL: 5.65900 (Suggested by our algorithmic system)
TP: 5.82319 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Price on a soft support level
2. At the time price is respecting the previous long hammer candle, not falling below the bottom of the wick.
3. Volume indicators suggest bullish accumulation
Caution: MACD indicator is still bearish
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Blue Solid Line: Support Trendline
Blue Box: Soft Support Levels
Purple Vertical Line: Suggested Stoploss by our algorithmic system
Green Vertical Line: Suggested Stoploss by our algorithmic system
Trade idea from our mobile app: ibb.co/mTN4YCh (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
Trade closed manually
Our app adjusted the SL to lock in profits and got stopped out from the recent price drop.Screenshot from our app: ibb.co/ctmjycR
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.
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.