USDMXN rejected from daily demand zone at level 20.8395 with strong bullish movement Price broke downtrendline Price is based above HVN at level 21.0735 which indicates that pair is in accumulation phase Pair is based above support level at 21.1306 Above SMA 100 It's expected the continuation of bullish momentum to target first resistance level at 22.0093 then...
Segun mi interpretacion el compotamiento del par LTC/MXN a parti del mes de Septiembre sigue un patron tipo fibonacci , este patron se ve retroalimentado por las fuertes fundamentales que hay en el ambiente critpo y de seguir la fuerza de esta señales es muy probable que se llegue a un tope de 1256 MXN ( que son aproximadamente 61.4 USD al tipo de cambio de hoy 22 de Oct)
USD_MXN BROKE OUT OF RESISTANCE. LONG ON PULLBACK (1) The pair is generally in the downtrend (2) But a support formed (3) Together with breakout, its a long (4) A retracement of a strong downward movement on higher timeframe ___________________________________________ LIKE and SUBSCRIBE for QUALITY
Short EURMXN @ 26.30; TP @ 25.11, SL your choice
USDMXN on the daily chart hit the monthly support (purple one) and started a strong bullish impulse. The market hit the upper trendline which is also at the level of a weekly resistance and retraced a bit. IF the price will manage to break and close above that level we can set a nice long order according to PLancton's strategy. ––––– Follow the Shrimp 🦐 Here is...
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
USDMXN beautifully touched monthly support and rejected with a daily bullish engulfing. I initiated buy on the next daily candle. Daily also shows bullish divergence on obv and we have been in an uptrend since 1999. Great long term setup looking for new highs on monthly. Lets see what happens considering everything going on in the world. Leave a like and lmk what...
Technical outlook towards EUR/MXN We were messaged to analyse this pair, since we last looked at this pair was July - Great momentum it has had. It was 1hr chart this time, I am going through daily - Why? ***Higher time frame indicates shorter time frame of movement! *** Technical outlook: Pattern wise - we are being squeezed within price action of a...
Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern and watch strong price action for buy.
Hi traders! USDMXN keeps moving lower, now making a sharp drop through the base channel support line so we see market in wave three of an impulsive wave five that can be underway towards 20.5000.
After our last call on this pair (attached below), the market almost hit the expected target around 21.5000 area. On the weekly chart market look on a bearish momentum with a possible break of the recent lows in the near future. Price on the daily chart will probably test the daily structure before starting a bounce over it. If the price will break below the...
USDMXN respects major downtrendline Pair is based below key level at 21.8950 Below SMA 100 on H4 frame RSI is below level 50 It's expected for coming bearish movement to target strong daily demand zone at level 20.6215
Short opportunity here on the retest of the broken trendline
basically coming to a buy zone if break willl tst previous low zone and it will reverse back up
Altho the Dollar weakness is seen accross the board, there are a couple of exceptions, and MXN is one of them. IF, USD can gain the light blue coloured level there is high likelihood for us to see 23.50 later. Let's watch the price action on those levels