All the entries should be applied if all the rules of trade are applied comment us for detail view and understanding
USDMXN Long TP @20.65566, SL @20.42397 Reward +1930.5 Risk -386.4 Ratio 1:5
The 21 zone is strong support for UsdMxn and also the drop from 21.80 is contained in a falling wedge pattern I strongly believe that 21 will hold and a break above the descending trend-line of the wedge would accelerate losses for Mexican Peso. A buy trade for this pair could have a 1:3 R:R
All the entries should be taken if all the rules of entries are applied . Follow it for learning. do comment us we will guide you
DISCLAIMER: My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Good Luck!
POSICION SWING POSICION EN LARGO EN USD MXN ROMPIO TENDENCIA BAJISTA RETESTEO EN LA LINEA DE TENDENCA TANTO EN 61 DEL FIB PARA IR BUSCANDO COMPRAS DESDE ESA ZONA CON UN STOP MARCADO COMO EN EL GRAFICO Y UN POSIBLE TP DE 1 5 SIEMPRE IR ASEGURANDO POSICIONES DESDE EL TP1 R RIESGO BENEFICIO 1 2 ASEGURAMOS BENEFICIO Y STOP LIBRE DE RIESGO.
It has already taken out 1st resistance on daily and then fallen down from 2nd breakout trendline. It is not trading at 1st trendline and as far as it is trading above 22.20. It will reverse up towards 22.90. Entry at market stop at 22.195 Target towards 25.75 and 27
Hi Traders, Have a look at this idea and see how it can fit into your plan. Good luck! Fibz
We continue to notice higher lows and lower highs, the medium-term trend is still on the upside fundamentally, but a break of the lower blue lines may lead to 22.80. I think it may correct to one of the bottom two blue lines again next week and I see a good long opportunity when the blue lines coincide with the .236 regression formed from 25.28 to 23.63 downtrend...
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I will buy from the lower border of the channel and move the stop to breakeven
I see a bullish divergence at macd signal line on daily chart!!! Profit Targets: 18,86 18,97 19,13 Stop loss: 18,63 Have a nice day, Berk.
According to S and R Level Mixed with Price Action
Going LONG..Use smaller TF for entries..trade smart be Blessed
I see some bull divergences. Profit Targets: 19.22 19.34 19.44 19.54 19.68 Stoploss: 19.02
Whats up traders? How is your trading week going? Im currently looking at the USDMXN pair for long opportunities. Our stop loss is under the last swing low and take profit is very high for because im looking for a longterm trade. If something does change or i take profit earlier - i will keep you guys updated here. Wishing everyone success and a great weekend!