I have shorted USDMXN friday evening. As the price has broken latest swing low , in addition to the short term rising wedge. That happens within the context of the overall bearish trend that started from January High at 22.037.
Short at: 17.8527 -- T1 : 17.6731 -- T2: 17.4557 ---- SL: 17.9495
For more details and all Stats goo.gl/rtfmna
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Short at: 17.8527 -- T1 : 17.6731 -- T2: 17.4557 ---- SL: 17.9495
For more details and all Stats goo.gl/rtfmna
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Remember
-Never risk more than 2% of your balance on a single trade. And If you are a beginner 1%.
-A Single or few trades result is not important. Whats important is the net return at the end of the month, quarter and year.
Best
Technician
Comment:
First target done. Closed half position and Moved stop to entry level.
Trade closed manually:
Closed second half at breakeven. Profit: +3.86%
Comment:
correction: Profit= 1.86%