Bulls intend to tear to shreds the rate of the Turkish lira

  • Dec 03 2021
  • by
  • Analyst AZA
Bulls intend to tear to shreds the rate of the Turkish lira

Bulls intend to tear to shreds the rate of the Turkish lira

In recent days, the Turkish Lira has dropped dramatically. The price of a currency pair creates new all-time highs almost every day. The bears tried to repel the attack of the bulls but were thrown aside by another powerful rise in quotations. The price is likely to create a new all-time high soon. We will open a position as soon as the price makes a new upward spurt.

Symbol: USDTRY
Order Type: Pending Order - Buy Stop
Entry Price at 13.8600
Take Profit at 14.0000
Pips Earning: 1400

Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1280
USDJPY buy at the price of 113.50
GBPUSD sell at the price of 1.3260
USDCHF buy at the price of 0.9220

The result of a trade recommendation.

The result of a trade recommendation.

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Trading recommendation for the currency pair
The profit can be $1044.78 if the trading volume of 100000 USD (1 Lot).
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