normstock

The 19.70 fight.

normstock Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
Our beloved Mexican peso is going through a difficult moment, but he has a chance to fight. The uptrend has a very complicated zone ahead, and the time window begins to close.
To achieve the level and close the movement around 19.70, it is necessary a violent movement that at this point looks complicated, unlikely but not impossible.
From my point of view, it is very important to see how the candle of October 19 develops and how it relates to the R & S.

I expected this movement at the beginning of October and it did not happen. The pair lost its level and remained in the side range, the mexican peso is a tough fighter.

Follow your own plan.

Best wishes all..
Comment:
Very good
Comment:
An interesting movement in the planned days but without reaching the most probable target.
In spite of being very risky, it would be interesting to see how this candle and the one at October 30 develops. It would be within the last day of the optimal area.

It is a high risk movement so I have to take good care of the position.

Follow your own plan.
Best wishes everyone...
Trade closed: target reached
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