My thoughts are that US Dollar will weaken on recent economic data to the 96 price region and with oil gaining some strength this will aid the Mexican peso to strengthen slightly. With this in mind, my anticipation will be to short the break of the lower to either the missed weekly in the 17.7 region or the 38.2% fib level.
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1.) Was my original trade from the H&S pattern, this partly worked and booked partial profits
2.) Is my option that I'm looking to trade and will wait till tomorrow (29/01/160 to see if this works)
3.) If dollar strengthens and Oil goes lower, this will be my alternative trade on the break of the upper trendline