FX:USDMXN   U.S. Dollar / Mexican Peso
18 0 2
On the 1 hour I see RSI divergence and almost overbought on 28 period. RSI definitely overbought on 14 period, along with Williams %, and MFI . (edited)


I am already short... The shoulders of the pattern aligned with an old weekly pivot look like an acceptable region to enter short again, but if price seems to ignore this area, I think 19.000 is either a good stop loss or short term short entry.
TP 1 at 18.06470, and TP2 at 17.6970

I am fundamentally challenged, so I don't have much to offer on that note.
Trade closed manually: I exited with profit. I realized that we have oil and FOMC news coming out this week, and don't feel comfortable frontloading anything involving the USD. I will take small, calculated trades on this pair throughout the next few days, and hopefully get in the right direction for the big move. (If there is a big move).
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out