USD turns the tables and starts to beat developing country currencies. My target is for the main trend, if you wish, you can take your first profit at the level in 19.07. Follow to hear more. Entry: 18.895 Stop: 18.75 Target: 19.25 Have a nice week!
This idea is for demonstration and educational purposes and does not constitute a signal USD/MXN Possible reversal. This idea is not for today, given today is Friday and market activity is settling down. However, it's a possibility for next week. IF price respects the key support as noted, and as price reverses, there is a possible minimum 130 pip catch to the...
According to S and R Level Mixed with Price Action
Going LONG..Use smaller TF for entries..trade smart be Blessed
Hello Traders! This time setup idea with MXN :) Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel free to PM us! Thank you for your attention, GOD BLESS U ALL!
USDMXN pair reached oversold region on RSI (H1 frame) The level 19.3272 is 127% fibo expansion from peak level 19.6586 and bottom level 19.4250 till the correction wave Key level is around 19.3200 Target price is around level 19.5590 (HVN level)
Descending channel broken and retested, entry when conditions specified on the chart are met
Hey Guys, USDMXN looks good to buy around 19.15. If you haven't entered - wait for a pullback around 19.30 then enter after the breakout. Target is 19.50
USDMXN is looking to be a good buy opportunity. As we can see it is currently respecting my curve line and is showing sign of an uptrend. My buy positions are now open with a tight stop loss (as shown by the dark red trend-line). This is a swing trade. Always remember to use proper risk management. Enjoy!
This idea is for demonstration and educational purposes and does not constitute a signal, but it is a study, as we study market structure and price action. From this view over the past month, since mid-October 2019 and as we study USD/MXN we see evidence of reversal of trend forming in the market. If you refer to the post I shared a week or two ago (see USD/MXN ...
Hello Traders, USDMXN has been trading nicely with patterns In the recent weeks it has been pulling but towards the Higher Low Support zone and technically is now on the optimal long term buy level. A 2 year long RSI figure also suggests a buy near 40.000. We are taking this opportunity to go long with TP = 19.48600. Comments and likes are greatly...
I see some bull divergences. Profit Targets: 19.22 19.34 19.44 19.54 19.68 Stoploss: 19.02
Another simple set up where price just went for a retest to that ascending TL that is part of that big monthly wedge and if we go into the lower tiemframes we can see how price is creating HH and broke previous bearish structure Full signal on my Telegram channel
Whats up traders? How is your trading week going? Im currently looking at the USDMXN pair for long opportunities. Our stop loss is under the last swing low and take profit is very high for because im looking for a longterm trade. If something does change or i take profit earlier - i will keep you guys updated here. Wishing everyone success and a great weekend!