USDMXN forecast: 17.8 Short

FX:USDMXN30

U.S. Dollar/Mexican PesoFXCM

Description

⋅ Oct 23, 2023 11:24 PM

FX:USDMXN SMA50 crossing SMA200 as in early october. Drop expected to 17.82.

Comment

⋅ Oct 25, 2023 6:14 PM

Target failed. USD stills pushing.

Trade closed manually

⋅ Oct 30, 2023 8:34 PM

Closed at 17.97

Comments

bfitzkie

⋅ Nov 15, 2023 2:21 AM

What next?

sanyaissues

⋅ Nov 15, 2023 8:41 PM

@bfitzkie, In the 30min chart setup is blurry. The RSI is below its neutrality area at 50 and MACD is negative and above its signal line. There could be a rebound to 17.4926. Support: 17.2208, 17.1207, 17.0611

sanyaissues

⋅ Nov 15, 2023 8:43 PM

@bfitzkie, 1 day chart 16.7 is my bet.

GlobalHorns

⋅ Nov 2, 2023 4:37 AM

Shorted*

GlobalHorns

⋅ Nov 2, 2023 4:36 AM

I see you shorter this pair as well. 🤝

dacarp0

⋅ Oct 26, 2023 6:51 PM

18.13 right now

sanyaissues

⋅ Oct 27, 2023 1:10 PM

@dacarp0, 18.0!

Bravetotrade

⋅ Oct 24, 2023 3:55 AM

Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade