EURMXN trade ideas

TradeLive-

First Entry at Pivot Point 20.011. Second Entry at 19.943.

TradeLive-

Expect EURMXN to decrease 7453.4 units. Price closed below 20.05545. Watch for bearish price action signals.

TradeLive-

Expect price to reach 20.10470.

Smilq

Looking forward to price bouncing from support. RR is tangible. Over 20x.

TradeLive-

Price pulled back to the horizontal support level, EMA 10 support level, and EMA 20 support level. Enter a market execution order and buy limit order.

Chrismike

Possible scenario for this pair. Price is likely to reverse from that white horizontal line since its 38.2 fibbo retracement.

ForexAnalytix

Usually I am a buyer of descending (or falling) wedges when we reach support as I typically would be looking for an eventual breakout higher. However, this time may be different. The reason why is as we are hitting support, the pair is also trading below the long term 61.8% Fibonacci retracement of the February 2020 lows (pre covid) to the April 2020 highs (post...

PD_Capital Updated 

EURMXN seems to be attempting a retest of the downtrend after it latest attempt to break out of the wedge. There is a history of false breaks over the last 3 years, but when it goes it really goes. Stochastics look a bit oversold in the s/t so the downtrend might hold this time and fuel a move higher.

ForexAnalytix

$EURMXN is making higher lows in a descending wedge which is typically a reversal setup (higher in this case). There is a strong inverse relationship with risk assets (SPX in this case) so a move above 24.1700 would be a very bullish event.

danielpikho72

i cant be asked to type. u see the chart.fjsfowfowsaebcws

TradeLive-

Wait For The Close Above the Neckline at Horizontal Level 24.07952. After the close above level; resistance level turned support. Wait For The Retest Of The Neckline At 24.07952. Watch For A Pin Bar or Rejection Candlestick to form at the horizontal neckline. Enter Trade At The Closing Price Of Pin Bar or Rejection Candlestick. Set Target Price Using...

TradeLive-

EURMXN 3.94R

TradeLive-

EURMXN

TradeLive-

EURMXN Take Profit At 24.27719 ; 24.37017 ; 2021 Apr 28 Trade Idea at 20:00 After Pin Bar formed, placed buy limit order at 24.11001. Stop Loss Level is 24.04090. R-Multiple is 2.42R. Why did this trade work perfectly? Four or more touches for support resistance level, identification of trend, and pin bar price action signal.

TradeLive-

Trade idea is pin bar with Ema 10, Ema 20, trend line, and momentum.

arashh

Chart can not fall below the 50%. Tried before while never done it. I'm positive it going up

masiaroa

Just simple as in the image. The ratio profit/loss is quite interesting. Probably this idea will fail as the stop loss is very tight but in case of success the profits will be very positive

JR_Tradingideas Updated 

Hello Traders, Here you can find my weekly trade ideas. They mainly serve to achieve a possible learning effect or to show other perspectives how other traders set their positions and act, should be very interesting. The focus is on the "point of view" (learning through seeing) All trades amount to Fundamental, Economical, Mathematical, - Technical...