Sharp bullish wave ended at level 25.5137
Now USDMXN pair is in trading range forming Head and Shoulders pattern
MACD shows bearish momentum
It's expected to target first neckline at level 23.8222
then target demand zone at level 21.0992 which corresponds to the classical target of Head and shoulders pattern
Now USDMXN pair is in trading range forming Head and Shoulders pattern
MACD shows bearish momentum
It's expected to target first neckline at level 23.8222
then target demand zone at level 21.0992 which corresponds to the classical target of Head and shoulders pattern
Trade active
Running +660 pips
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.