USDMXN is in an uptrend, and I think we can see this pair go further than 21.00 MXN. -It has already finished a channel pattern, and this is an absolute buy trade.
I'm waiting for this correction to finish to place an order to buy in USDMXN. I think we can see USDMXN near 21.4 - 21.5. -We have a channel pattern and a correction to the downside, so I'm just waiting for this trend to change direction.
HELD GREAT SUPPORT AT THE 0.786 FIB RETRACEMENT , LETS SEE WHAT HAPPENS FROM HERE. #BLESSEDPIPS
USDMXN is currently testing a weekly support. The price is trading above an ascending trendline with some retracement to the upside for a test of the 0.5 and 0.382 Fibonacci level. According to Plancton's strategy if the price will break below the structure we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
Hi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis. Also let me know your thought in the comment section what you...
Very slow market on the weekly with over extended correction on lower time frames. Expecting price to drive down to 18.8000 range before any possible longs
-Values- Entry Range: 19.93293 - 19.97017 Average Entry: 19.95845 (RRR: 1.86) Stop Loss: 20.00931 Profit Target: 19.86254 -HOW TO ENTER MY TRADES- 1. Ladder your entries. You'll want to ladder place your orders exponentially within the Entry Range to the point your RRR is atleast 1.5 if fully filled. 2. Only first touches are valid. If price is rebounding...
Momentum trade : Full bearish in W and D1 Confirmation in H1 Keep an eye in the way it return to our demand zone
Hello Trader, Here is the market analysis for this pair, Let me know in the comment section below if you have any questions, The entry will be taken only if all rules of the strategies will be satisfied.
Hello Traders Here is Quick Analysis on USDMXN Base on the counting, the price is still downtrend to complete wave 5
A possible bullish AB =CD pattern may be forming in the Mexican peso - US dollar pair. My hypothesis is that it will return to at least 20 pesos per dollar and then rebound. The most that could fall would be around 19.6 pesos per dollar. The potential reversal zone (D) coincides precisely with the 127.2% of the fibo and with a level that served as support in...