We have a Pattern "Triangle" as a Reversal Signal TP Clearly showing
OANDA:USDMXN ----------->Details on the chart. Pipdify, Tamilkumar
Dollar - Peso .. 1HR TF - Gartley time to buy?
This idea is for educational and demonstration purposes and does not constitute a signal. Does history repeat itself? You will see that I modeled previous price action as noted to current price action. Underlying fundamentals at play, to keep in mind are the weakening of the Mexico economy. Market structure mimics broadening wedge. Note also 9 and 50 EMAs which...
The Mexican Peso has weakened significantly this year amid political tension and the pair is now approaching key areas of resistance from late 2018, where lies a cluster of daily candles. We could see the wicks being filled above the 20.60 mark should this momentum continue.
WHEEEEEE! possible 225 pips possible as the market digests the big move up. For study purposes only. Trade at your own risk.
OANDA:USDMXN ------> Details on the chart,Happy pip hunting. (Price action) Pipdify, Tamilkumar
This could potentially be the best pair to short USD. Trump, may get his rate cut and ratification of a new trade agreement. Stops have to go above recent high or above 20. I entered at 19.879 Note price is still in uptrend therefore if you are conservative trader you can wait for price to brake at lest black trendline and get it on retracement.
USDMXN - Testing the upper side of a long term holding wedge on the daily chart. 1 or 4 hour chart could offer more confirmation in terms of a rejection candle...
Hi All , Opening my last usd sell trade . this is a potential trade for 178pips in 2-4weeks . This is not a day trade . Move SL when price move into our direction 20pips-30pips >>> So on . Many Thanks.
USDMXN Watching the pair sliding down as we want to go long from the specified level on the chart. Very good R/R if it happened. worth watching. Will be posting a new chart if it is triggered.
Ascending wedge; possible 150 pip drop minimum
We Just Broke Resistance and Tested it for a new Support. And It's a Good Price. I'm Looking for it to Drop Back down and Test Support Again. It has a New Resistance. Let's see how this plays out.
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USDMXN failed to break resistence in H4 wait for sell signal at resistence >> SELL