Mexican Peso could drop a this point. A trade below 0.076575 would confirm a sell signal with target objective on the bear median line, If target is not reached by the 14th of July 2014 it should be closed.
Comments
AlexandreFF
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How do you determine it should be rechead by the 14th ?
LEONES
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in this case I have considered the intersection of the support line at 0.075280 with the median line
LEONES
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not a strict rule, it is just a reference but essentlially if it drops below 0.076225 it has to be fast, otherwise no point of holding that position
AlexandreFF
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Thank you, interesting ideas
LEONES
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seems moving higher anyway... I'm considering longs now
LEONES
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actually it could still drop, I'll stick to my sell order