Daniel.B

Bears in control. Expecting further downside to major support.

FX:USDMXN   U.S. Dollar/Mexican Peso
47 0 2
Good evening traders from around the world!

After a false breakout above resistance at 19.4496 price has gone back in control of the bears with another wave lower after being rejected at the descending trend line resistance.

Trade Idea: Wait for price to come to me down at 18. 0000             support for a juicy buying opportunity (AGAIN) with two profit targets to be announced with another post once price comes to us.

Also notice, coincidentally 18. 0000             support also turns out to be 200 Moving Average support.

Happy trading traders!
Cheers.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out