OANDA:USDMXN - Sell ||Details on the chart|| ||Pipdify|| Tamilkumar
OANDA:USDMXN -----> Details on the chart. Pipdify Tamilkumar
Price is currently wicking 61.8% fib level as noted TP zones are areas of liquidity, which also are confluent with TP levels Trade at your own risk Need a mentor, someone to bounce ideas off, or an educational system? Join my team where you get 24/7 support and an educational system. This and more ideas are available to earn money in the markets. Join as a...
This trade is for demonstration and educational purposes and does not constitute a signal. Trade at your own risk. We see price made an impulsive move to the downside and retraced to the 61.8% fib level. For now I am watching for bearish momentum to kick in. Using bars feed tool, I predicted continuation down as noted, which also confluences with trendline at 3...
The pair has formed two long wicks in a row in a strong area of resistance from where the price has retraced several times in the past. I expect the pair to retrace all the way to the next area of support where the pair has bounced from several times in the past.
Williams AD is under ema 50 and in downtrend. Ichimoku confirms short position. We go short to the next swing low.
OANDA:USDMXN 19.24 - Buy 19.09 - sell Simple as that. Pipdified.
OANDA:USDMXN Details on the chart. Keep it simple always. Pipdified
OANDA:USDMXN Intereested in long term swing trade.Here it is.... Details on chart.With Head and shoulder confirmation and Unable to retest. If it breaks the neckline chart will be invalid.Wait till tuesday and enter. Pipdified.
Details on chart - Trade active FOREXCOM:USDMXN
Details on the chart as if it breaks 19.67 will leads to 19.47.Now in important resistance zone.You can go for short for mid term. Trade active Regards Tamilkumar
The Mexican peso looks strong. It broke to the downside during the US session and bottomed today at 18.95. I see two supports. The immediate support is the 18.90 area. If we break that support, we could go to the second strong support at 18.75, especially if oil price does not fall. Also, both the daily MACD and RSI give us a bearish signal. On the other hand,...
Possible retest of lower trendline 61.8 area confluence.
Refer to trade idea below. Looking for short in accordance with descending wedge to trend line on the higher time frame. This may take some time to develop. This idea is for demonstration and educational purposes only. Trade at your own risk. Possible 350 + pips
If you missed the buy opportunity of USDMXN at the bottom of the wick that touched the trendline, well dry your tears for you can short at the channel retest with a good return of 1400 pips if it gets to our TP of 1.90000 psychological handle. Watch PA closely, if the bullish momentum is strong enough to incise the channel, this trade will be invalidated as...