Miguelparb
Long

USDMXN waiting for a buy setup

FX:USDMXN   U.S. Dollar/Mexican Peso
USDMXN             it's been really sensitive to political rumors of USA presidential election, this take the currency to almost 20 MXN last week, price is currently in a correction, looks like it's going to resume the long movement, $19.14 zone look like a strong support, let's see how it behaves.
apparently this is the time for buy
Reply
Miguelparb eduardo_mbravo
apparently, as you say, but let's wait for price action to confirm the buy, because this pair it's affected by many rumors and sometimes it behaves erraticaly.
Reply
eduardo_mbravo Miguelparb
I AGREE, WHAT WOULD YOUR CONFIRMATION?
Reply
Miguelparb eduardo_mbravo
A total rejection of the 18.90 Support Zone (blue line) and wait for candlesticks to form a pattern, maybe we can see a morning star. If the support is broken the trade it's invalidated and we can look for new entry points.
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out