GBP/MXN GBPMXN

shoaib72

DOW. HH HL. Buy on HL Profit: 711 Pips SL: 448 Pips

shoaib72

Enter: 27.3948 Exit: 27.9201 SL: 27.2469 Reason: 1. Coming to Strong Demand Zone

BogdanUng

- Up trend almost finish (wait for the confirmation on breakout) - New trend (downtrend) - Fibo 61.8 entry - Important support on low points - Descendent triangle

For_The_Many

Hi Guys, As usual, i'm posting my trade setups as i seem them occurring. I'm not in love with this current setup, but i think it has potential, so let's see how it all pans out. Onto the TA: We've currently at support at S1. As you can see it's been used historically as support via the green circle. The Top Level Resistance is above, labelled R1, and if you...

Donajor8

Here we have a nested failure pattern it contains a swing and a pullback that fails 2x to go higher. The target is the fist leg length as a measured move. This pattern is seen on all times frames the psychology is the bulls or bears try twice and after the second time they give up the confirmation is a high tail or a strong reversal candle after the last try....

Abdullah-Al-hasan

GBPMXN mine own perspective so what's your consideration on the price movement please comment in the below section ? I believe that. So what is your expectations in comment below. So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan Learn forex then thought to does earn Stay With me Stay With trading Stay With idea Stay on trend

mrsceleste

For demonstration and educational purposes. Trade at your own risk.

Donajor8

Currently trading. We have a market that don’t know what it want to do jk. But to most traders they quick to lines this up and wait for a breakout or say pennant. Macro patterns fail most of the time. Flags and pennant are bullish aggressive patterns and are seen at the beginning of trends. So in this case I see the market as struggling to go higher and making...

KosirFX Pro+ Updated 

Hi traders, as you see GBP index is about to complete that running flat, so nice wave to the downside is expected there. It will probably correct on lower tf for that last push to the upside, i see price retesting that trendline and fib 0.618. Dont rush, wait for price to complete that pattern and confirm that drop first! After that i will be looking for price...

ChartsWithAkemiSun Premium

Hit support! Looking for a buy right now.

acelestin40 Pro

still waiting on price to set up for a potential long

Donajor8

Ok plz look at the weekly post to understand the analysis as this post is to confirm the higher time frame price action and for entrance as we use the higher times for analysis, 4hr for entrance and 15min to enter the market. So I’ll be just pointing out what we on this time frame Currently we see the market reject the 4hr poc with a heaven shoulder and the...

Donajor8

So I started following my first exotic as volatility of them had deterrent me due to lack of skills. Yet I’d reach the analytic level that I’m confident to trade and to post how to trade this beast of a pair. So the monthly is the same as the weekly so let’s start here and tbh the lower timeframe don’t show any different Trend Structures. Also I like to aid...

acelestin40 Pro

price is in on a daily downtrend respected trendline, divergence and showing bearish momentum

loliokay

how does the template look, I recommend choosing colours that are not too bright, I use black candlesticks due to psychological reasons; as I take into account the bearishness of price and it becomes less subjective and more price actiony. I also recommend using a dark theme which is a chrome extension, to reduce blue light being emitted, this combination well...

mrsceleste Updated 

For demonstration and educational purposes only. Price appears to be completing bearish flag, ripening for continuation to the downside. Of particular note is rejection at key level as noted.

SHOWTIME3 Pro

GBPMXN on D1 has Finally Finished its Double Bottom, and as we know, after some double bottom are fully created, a HARMONIC PATTERN is formed. Now... What that being said we need more confirmations. Here are some.... 1. Harmonic Pattern on D1 2. The Monthly appears to be making 2nd arm of Double top, and its lower then the 1st Top 3. May 13, 2020, it was here at...

AlphaVale Pro

GBP is making gains across the board, will be going long on this one but it could hit resistance.