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.
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...
GBP is making gains across the board, will be going long on this one but it could hit resistance.
For demonstration and educational purposes only. Possible 1400 pip drop. Watch for evidence of clear rejection and observe how today's daily candle closes.
GBPMXN Short Opportunity Head and shoulder on H1
Quick projection of what will or could happen to price during this week..Exotic pair for you equals more pips..use proper risk management..trade safe and smart..Be Blessed..
WAVE 5 OF C IS ENDING SOON , BEGINING OF B
time to short 4 hour double top - we are going to go down hard
bullish divergance -~~ new plan to long once again considering many factors go long 4 hr bullish momentum divergance and doudble bottom
GBP MXN two possibilties depends on if break resistance
looks like wave 5 for very big potential! :)
The currency pair has been trading in a symmetrical channel pattern since past two months and recently gives a break above the upper trend line of the channel. The traders are advised to consider it to be a good buying opportunity. You can enter a trade once the pair gives a daily closing above resistance trendline. The first target can be at 24.728 and second...