plancton0618

USDMXN on a spicy level 🦐

Short
FOREXCOM:USDMXN   U.S. Dollar / Mexican Peso
USDMXN is currently testing a weekly support.
The price is trading above an ascending trendline with some retracement to the upside for a test of the 0.5 and 0.382 Fibonacci level.
According to Plancton's strategy if the price will break below the structure we will set a nice short order.
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Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ Blue structure -> Daily structure.
🟑 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Comment: testing the support
Comment: ready for a break below
Comment: as expected
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Comments

only few cover this pair ;) well done
+1 Reply
plancton0618 TheSignalyst
@TheSignalyst, cool thanks 🦐
Reply