USDMXN! Short

U.S. Dollar/Mexican PesoFXCM

Description

⋅ May 3, 2021 4:26 AM

This looks like a corrective pattern, that could usher in more sells.

A specific pattern, a flat to be precise.

Trade with care use a stop loss.

Wave Analysis

Comments

clicea

⋅ May 7, 2021 2:59 PM

how the f does the dollar dump like this

miche254

⋅ May 7, 2021 5:53 PM

@clicea, thats how price moves, whenever it gives a hint which direction to go, some traders want to push it to the wrong direction to trap others. Then at their convinient time they move in the right direction fast.