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kioi254

EurMxn

Short
Euro / Mexican Peso (FOREXCOM:EURMXN)  
kioi254 Updated   
FOREXCOM:EURMXN   Euro / Mexican Peso
Support and Resistance Trend Lines Multiple Time Frame Analysis
2
0
supportandresistance trendline mtfa
EURMXN
I will be looking for a sell signal at around 23.5.
Take profit at the nearest swing low and that is 22.8
Comment:
A strong bearish H4 bar has formed at the resistance area. It does not offer much risk:reward so i will not be taking it.
snapshot
Comment:
snapshot
Going down well.
Trade closed: target reached:
snapshot
Now i wait for another retrace with a strong bearish sell signal at 23.5.
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