Trading view USDMXN 12/06/16

FX:USDMXN   U.S. Dollar / Mexican Peso
At this point I would expect a buyers "trap" around
the area where the TC             was activated (Blue arrow),
in this order of ideas if the price is unable to keep
pushing higher I would be looking to take a short
position, off course based on the price action
Comment: If during the next week, there is follow through to the upside, then the short scenario would be discarded
pretty tight leg up. Lets see what becomes of that DOWNSWING
JaimePantoja moorekapital
It seems that there is followtrhough to the upside, lets see how it ends :)
+1 Reply
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