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alexcrypto
6. Nov. 2017 12:11

USDTRY - Riding the Bullish momentum Long

U.S. Dollar/Turkish New LiraFXCM

Beschreibung

Using cloud and Fibonacci this bullish momentum in this pair can be played as follows:

Aggressive entry:
Enter on the KIJUN (at the moment 3.827) will move up with the momentum so orders can be moved upwards accordingly

Conservative entry:
Around the support price (3.827)

TP1: 3.8890
TP2: 3.9123

Stops can be placed just below support where this setup fails around 3.816

Very good risk reward ratio of 5 to 1 for TP1 and 7 to 1 for TP2

Trade Safe.
Kommentare
ahk
Excellent entry level and approaching TP1.
Congrats
alexcrypto
@ahk, Thank you
ahk
TP2 allmost hit. Any update Alex?
zentr
Congrats Alex, Are u expecting higher than TP2: 3.9123 ? Thanx.
alexcrypto
@zentr, It is following the bullish trendline, there might be more upside if doesn't break
muritanya
türkçe yaz :)
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