USDTRY New trading range and the end of correction !

11 Kas 2020

As I have posted last week, Turkish Lira has
started its correction against USD. But not
7.8000 is my support level, which will be
hard to cross, if there will not be strong
fundamental advantage. We can expect
8.0000-7.8000 range for next several weeks.
I will update analysis if there will be some
crutial news.


Terms and short forms!
T - Trendlines (T1,T2... etc.)
S - Supprt levels (S1,S2... etc.)
R - Resistance levels (R1,R2... etc.)
TP - Take Profit
SL - Stop Loss
F - Fibo Levels (F23,F61... etc.)

Check out my next stream "What is divergence, why it is important for trading?"
tradingview.com/streams/CgPlvMBKBMpZ5kNYKq0-P/