EvanJones
Short

Awaiting for Retracement

FX:USDMXN   U.S. Dollar / Mexican Peso
109 1 3
USDMXN             has been on a bullish turn but is about to hit a sell zone and is showing signs of exhaustion based on confirmation of wavetrend and the RSI showing divergence. I'm going to let this rise somewhat before showing some price action that would confirm this behavior is to be played out.
Trade closed: stop reached
Comment:
Just an update, abandoned trade as it hit the stop loss, looks like this might go on to make some higher highs looking on a higher time frame
+1 Reply
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