As you can see in the previous price actions after the interference of the Turkish Lira it seems that the Currency has gotten a Chronic Disease now. The fast bounce back conclude that there is globally no trust within the Turkish Economic Politics. As the Minister of Treasury has already been replaced within 3 years and the independence of the Turkish Central...
Synergy confirmed rsi cross signal line - market base line - 50 > and the volatility bands.
Going for a few pips, (not a strong buy option). Low stake. To 0.72950 SL 0.72790 Make sure to lower sl when there is a rise.
A long position according to the synergy method Tp 1.0976 SL 1.0895
Average price bars show downtrend. (Heiken Ashi) Price action channel shows that average price bar tends to run on bottom of channel. (5MA Low) RSI price line approaching < 50. RSI is beneath market base line and also beneath trade signal line (red). A cross of 50 line triggers short position.