MXNJPY $MXNJPY Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
Saw a double top on the 4 hour graph and waited for the neckline break that happened in the last few candles. Set two targets. Aiming for the second one but you never know what might happen.
Fundamentally JPY has be strong ... Double rejection on the trend line. We also have double top. Then we also have bearish candle closed. You can enter this trade when market opens. or we wait for breakout... or price to break and reject EMA. So basically we are on shorting opportunity
The Mexican Peso is gaining strength against the Yen as a recovery in global growth in 2021, reduces the demand for the safe-haven Yen and increases the demand for the Mexican peso. We look at why the Japanese Yen is a safe haven currency of choice, alongside Interest rate differentials that will play a key rol in the outlook for gains in the peso. I give...
This trade will be super easy, price wicked a little too low for my liking but if it fulfills the top green wick today/tonight then I think we should be ready for the buy.
Possible short on this exotic pair with reasoning highlighted on the chart.
The price is lowest in history so I was looking for a chance to buy, and yesterday there was a bullish pinbar, the price broke out of trend and formed a head and shoulder pattern.
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Hi there. Price is forming a reversal pattern to change its formation. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is moving impulsively to the upside. Wait for the price to form a continuation pattern on a lower time frame and watch strong price action for buy.
ENTRY: 5.5100 TP: 5.4500 TP2: 5.4000 TP3: 5.3500 SL: 5.5930 Chart time frame - 1D Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!