Get started
lostamerica14

USD/MXN BREAKOUT PULLBACK LONG ON SYMMETRICAL TRIANGLE

Long
U.S. Dollar / Mexican Peso (FOREXCOM:USDMXN)  
lostamerica14  
FOREXCOM:USDMXN   U.S. Dollar / Mexican Peso
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
This looks like a great long setup as it looks to be forming the right shoulder on a very long setup. However, you must be wary of the 50/100 moving averages acting as dynamic support. If we can break through those then it should be a strong ride up to complete that right shoulder.
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.