This looks like a very textbook bullish flag with a triangle.

FX:USDMXN1D

U.S. Dollar/Mexican PesoFXCM

Description

⋅ Apr 30, 2020 7:39 PM

If broken to the upside could it get 30% up?

Comment

⋅ May 31, 2020 8:56 PM

Well it clearly broke down to the less likely side and has almost reached the target to the short side. I never thought that would happen. It really looked like it would break up to 31.

Flag Triangle