Forexistential

Short on Bitcoin, plus updated on EURTRY and USDMXN longs (DEMO)

FX:USDMXN   U.S. Dollar / Mexican Peso
Hello traders,

thanks for watching/liking/commenting!

Today I am looking at my BTC/USD short (entered on Tuesday and in the money)
and also giving an updated on my EUR/TRY long (in the money) and
USD/MXN (in drawdown but improving).

Key video points:

- discuss my profit targets on the three trades;
- discuss the CC (correlation coefficient) between Bitcoin and USD/MXN;
- discuss price/RSI divergence in USD/MXN.

Take care, happy trading and
leave comments (if you have any).
Cheers
Francesco

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.