MountainTraderFX
Long

USD_MXN STRUCTURE LONG|

FX:USDMXN   U.S. Dollar / Mexican Peso
USD_MXN IS TESTING CHANNEL RESISTANCE AFTER DISREGARDING HORIZONTAL STRUCTURE

(1) Horizontal resistance disregarded. The channel lines were perfectly respected
(2) IF breakout is confirmed>>>
(if candle closes ABOVE the level)
(3) Long up to the next resistance.
(4) If not, a short looks good.

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Comment: Candles closed below the channel resistance, but on the horizontal level.
No longs.
Comment: Second attempt breakout was successful!
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Comments

I definitely believe it wil surpass
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@cortes5150, thanks
Reply
Will the breakout succeed?
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