withoutmercy

USDMXN LONG ENTRY

Long
withoutmercy Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
It react to daily previous resistant and act as support , we can see the bull move and then retrace.
We can see by using FIBO that the target of this retracement is to achieve extension 1.618 which coincide to resistant on hourly chart.

Entry at market or lower price preferably retest of 18.4247
Exit Target : 18.83000

Good Luck, this is a personal view, please due your own due diligence, you may lose money following this idea!!!
Comment:

Price has moved following my plan , now for final touch toward 1.618 and may be beyond
Comment:
sorry wrong chart
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.