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Thursday, September 09, 2021

๐Ÿ’กDon't miss the great buy opportunity in USDTRY

๐Ÿ’กDon't miss the great buy opportunity in USDTRY

USD/TRY OANDA:USDTRY

Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.3133).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 75.

Take Profits:
TP1= @ 8.4898
TP2= @ 8.5521
TP3= @ 8.6602
TP4= @ 8.7464
TP5= @ 8.8414

SL= Break below S2

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