EASY BREAKOUT TO PLAY

12 Haz 2018

Either it continues its crazy bull run that shows up on Daily/Weekly and Monthly Chart, USDTRY is to pullback at some point, a descending triangle setup on 4H & 1H chart is forming. Now it can either be the reversal pattern that will give us the pullback or it will just be the continuation pattern of that crazy bull run. I let you G O O O G L E for the probability but I think it is like like 70/30 but the good thing when trading a break out is that it allow you to have a tight S/L therefore a good RR.
Not financial blah blah...
Trade Safe!!

13 Haz 2018

İşlem aktif

Follow the price with a trailing S/L, watch at the 4.85 resistance. Let that winner run as much as you can.

20 Haz 2018

İşlem aktif

If you played that break out in time, you are now around 5% profit, it seem to be struggling at this 4.75 resistance, I would suggest to at least reduce your position to lock in some profit and tighten your S/L with the rest of the position.

22 Haz 2018

İşlem kapandı: hedefe ulaştı

I won't be monitoring this trade anymore, the price seem to be consolidating at that resistance, giving your next trade a very good S/L for the RR possible.
Trade Safe!!

22 Haz 2018

Not

Changed my mind, SHORT opportunity on this pair, check my new idea on it.