TradingView
normstock
Jul 3, 2018 7:02 AM

The day after 

EURO / MEXICAN PESOICE

Description

This chart is just an update of the "love or hate" chart, with the EURMXN as a comparison. Even though that chart is already closed it is still a useful reference.
In front of us we have important resistances, however, although in the short term 19.40 is possible, in the medium term i see likely to find support above the critical area.

I will see how this set develops...

Best wishes!!

Comment

EUR have very dangerous wick.. holly smokes. The USDMXN respect the 19.04 support but party is far from over, it is better to use the angle as reference.

Best Wishes

Comment

The level at which we are on the 17th (tomorrow) will tell us a lot about the maturity of this movement.
It will be interesting to see what happens.

Comment

Perfect, we had a clear reaction on the expected date however both pairs are between reference lines which is not good. I'm going to wait a bit for him to settle and give me more information about what's going to happen in the next "time target" (near 8/02)

Best wishes all!!!

Comment

We are already within the range of the "time target" and still a little far from 18.20's .... I will take special care of this boy the next days

Comment

getting close, nice and slow. Have to be careful and protect the position.

Trade closed manually

Stop loss Activated...
Well, soon i will make a new chart with an update and review. Was a nice run for more than a month shorting this boy... can't complain.

Best wishes
Comments
aristotelis.tso
Please keep us update.Thanks for the charts!
normstock
@Aristotelis.tso, Of course, I will try to keep it updated but usually my charts work as a reference for quite some time.

For now the pairs are responding very well.
Thanks for commenting.
Best wishes!!!
aristotelis.tso
@normstock, it seems than mxn started a nice rally. I think it goes straight to 18.29

Could you see the mxnusd pair for resistance zone please?
normstock
@Aristotelis.tso, Hey my friend,

Resistance?

As long a the angle of the dotted red line is not lost the reference is the support 19.04. If it lost the line, the next important point is 18.28 with the last angle.
Important dates of reference 7/17 and 8/03. I can't know what the next move will be until this one finish.

best wishes
More