Tradeciety
Short

Fading bull momentum in supply

FX:USDMXN   U.S. Dollar / Mexican Peso
318 3 7
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.

This was so nice!
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How much time you would keep short?
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tx for the update!
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