Hello, my dear friends and fellow community members, I am long in USDZAR and USDTRY. I am in hope of using their oversold area as a buying opportunity. I will keep raising stop if I see a good move higher. As of now, this trade looks good. Happy trading to all.
Hello, my dear fellow community members and traders, Once again I am ready to try my luck on USDTRY. It seems I exited my previous trade on this pair in the fear of break down. But the pair took support on the rising trendline. This pair has pulled back for 9 trading sessions and now it looks like moving upwards. I am now long in the pair. MACD is supporting my trade setup. Happy trading to all.
Hello my dear fellow community members and traders, I shall be focussing next two weeks on the pair USDTRY. I have seen it following technicals very decently. From the attached chart it can be seen that it has broken multi week falling trend line on the upside and now retesting the same line. I expect the pair to take support here (either at falling trend line or at the rising trend line or at the confluence of the trend line) and resume the uptrend. USDTRY WEEKLY CHART USDTRY DAILY CHART …