jolicoeur342
Short

USDMXN - SELL AREA (LONG TERM TRADE)

FX:USDMXN   U.S. Dollar/Mexican Peso
395 3 11
Hello guys, on USDMXN             i see 2 options, you can sell in the SELL AREA or we could wait for the BO and then SELL the re-test. BUT I will be selling right in the SELL AREA and put a SL above the zone =).
--
Pretty simple trade and we take a look at the RISK&REWARD, it worth it!
If the market would make a HIGHER HIGH, this would actually INVALID this chart!
--
Make sure to LIKE and FOLLOW if you like this CHART ANALYSIS
I will also make sure to answer every COMMENTS/QUESTIONS below!
patogarcia912
2 months ago
Wow this is something... 38% Fibs (16.45), that's a long way to go, last time price was that low was December 2015.
+1 Reply
jolicoeur342 PRO patogarcia912
2 months ago
yeah exactly!!! I'm waiting for that sell area before adding for sell but then we will be banking hard =)
Reply
DrVanNostrand
2 months ago
Love this one. I am waiting hoping it goes back up to ~18.94. Thanks!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out