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Forrestmars
Jul 9, 2020 2:30 PM

Test of the M neckline and continuation to 22.20 - 21.90 Short

U.S. Dollar/Mexican PesoFXCM

Description

Hello everyone, here we have a simple setup on USDMXN where we can enter with good probabilities for a shorting opportunity. All the best and always monitor risk and exposure.

Comment

The trade went as expected, but due to the nature of DXY, jumping from support and breaking out the trendline we broke even with the trade..

Brings me back to the quote: " Sell in May, And go Away" Because the Summer is always shitty!
Comments
Rob256
Is n’t that first going up one more move before coming down later
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