TradingView
JaimePantoja
Jun 12, 2016 11:54 PM

Trading view USDMXN 12/06/16 Short

U.S. Dollar/Mexican PesoFXCM

Description

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
Comments
moorekapital
pretty tight leg up. Lets see what becomes of that DOWNSWING
JaimePantoja
It seems that there is followtrhough to the upside, lets see how it ends :)
More