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wasiheider
Mar 31, 2024 7:21 PM
USDMXN Falling Wedge w/Bullish Divergence on Daily-Buy Breakout
Long
FX:USDMXN
1D
U.S. Dollar/Mexican Peso
FXCM
Description
⋅
Mar 31, 2024 7:21 PM
USDMXN Daily Chart Falling Wedge with Bullish Divergence on Daily Chart
Buy Stop Placed above the LH with SL below the Lows
TPs calculated based on the falling wedge pattern width
1:1 and 1:2 RR Trade = 1.5RR Total
Trend Analysis
Chart Patterns
Harmonic Patterns
Comments
TheFxAce
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Mar 31, 2024 11:43 PM
Based on your points, the market looks like it’s on an upward trajectory.
wasiheider
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May 17, 2024 5:06 AM
TP1 hit then SL hit at entry/breakeven
wasiheider
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Apr 12, 2024 11:24 PM
bounced from weekly support level but resistance near 16.7-16.9 on watch
wasiheider
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Apr 5, 2024 9:30 PM
16.3 is the weekly and monthly support I'll be watching next week
wasiheider
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Apr 5, 2024 9:29 PM
Bearish theme still continues on this pair. Divergence still there on daily. Will wait next week and update trade idea if weekly level holds
wasiheider
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Apr 3, 2024 4:51 PM
thanks
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