Tradeciety
Short

Fading bull momentum in supply

FX:USDMXN   U.S. Dollar/Mexican Peso
281 3 6
USDMXN             has a very interesting and classic reversal setup, although bulls are still able to keep price up there - despite the NFP disaster.

The trend is clearly losing strength and when price pushed into the green supply zone, it got rejected fast.

It's too early to short yet and we need a stronger bearish momentum confirmation before selling.

It's a great potential setup but we need patience and avoid any premature shorting.

dead2live
6 months ago
tx for the update!
Reply
How much time you would keep short?
Reply
alexcamargo
5 months ago
This was so nice!
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