USDTRY is purely Dollar play , Turkish lira is weak and Dollar Bull waiting for this pair to Pull back to support area and continue buying . about 12 hours later FOMC minutes will be release
The dollar could move and this is what the Bull waiting for .

USDTRY Day ( 22 Feb , 2017 )

USDTRY is at the monthly pivot MM2 , Buy area for the BULL.

USDTRY H4 ( 22 Feb , 2017 )

USDTRY is at weekly pivot buy zone WM2 , 12 hours later as FOMC minutes release ,IF the market reaction is Dollar bull then Buy at the retracement.

USDTRY 15M ( 22 Feb , 2017 )

15M Entry time frame Bull is waiting for Break up then pull back later today If this happen after a higher high buy at the retracement about 3.62 SL 3.60 Tp 3.7 .

2 thoughts on “USDTRY Trade Plan ( 22 Feb , 2017 )”

  1. Malesela Nkwe says:

    I like it.

    1. Daniel Chan - Forex.Today says:

      thanks 🙂

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