Marenno
Long

USDMXN LONG ENTRY LEVELS, EURO SESSION ONLY

FX:USDMXN   U.S. Dollar/Mexican Peso
More chances for a bullish continuation, what is confirmed by a recent multi time frame price action research, and important level zones








Next webirar (London time): 03/08/16 10:00 https://www.youtube.com/watch?v=_T25VPWRP8g

How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.







Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)

We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
4H NR4; 1M NR4; 1M NR7;
Learning material:
How to count option levels: http://marenno.com/index.php/counting-option-levels/
How to Filter out False reversal points:
Filtering out a false reversal points




Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 19.04762
Option level R3 19.04762
Option level R2 19.04762
Option level R1 19.04762
Option level S1 18.86793
Option level S2 18.86793
Option level S3 18.86793
Option level S4 18.86793

Session (current session only) levels:
r3 19.03835
r2 19.01732
r1 18.99628
p 18.96402
s1 18.94298
s2 18.91072
s3 18.88968

I really hope that sharing of my routine with you, will help you in your trading.

Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.

Sincerely
Arturs Jermolickis
arthur@marenno.com
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.
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