EASY BREAKOUT TO PLAY

12 thg 6, 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 thg 6, 2018

Giao dịch đang hoạt động

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

20 thg 6, 2018

Giao dịch đang hoạt động

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 thg 6, 2018

Đóng lệnh: đạt mục tiêu

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 thg 6, 2018

Ghi chú

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