wallstreetcartel

EURMXN Long term analysis

Short
wallstreetcartel Updated   
FOREXCOM:EURMXN   Euro / Mexican Peso
Hello Traders, kindly like this idea if you love it and leave your thoughts in the comment section

Expecting the Euro/Mexican Peso pair to seek discount pricing (lower low) after it was met with bearish repricing at the 28.00 level. The OB on the Daily chart should be able to propel price lower attacking Sell-side liquidity and seeking discount prices at the Weekly Bullish breaker + BISI

FOLLOW OUR IDEA UPDATES FOR MORE PRECISE ENTRY TRADES WITH ZERO DRAWDOWN OR I'LL ASK YOUR BROKER TO GIVE YOU A MARGIN CALL :-)
Comment:
OB seems to be doing a great job holding down price, could definitely see lower prices in coming weeks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.