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Hello community, The 5 wave impulsive move is over, now expecting another impulse down.
SHORT. EXPECTING PRICES TO HIT 13.72869 SUPPORT LEVEL THEN REVERSE UP
2nd try, Short NZDMXN 14.02; TP @ 13.00, SL your choice
NZD long MXN short
Short NZDMXN @ 13.33; TP @ 13.066, SL your choice
Long NZDMXN @ 12.422; TP @ 12.66, SL your choice
Long NZDMXN @ 12.754; TP @ 13.00, SL your choice
Long NZDMXN @ 13.14; TP @ 13.41, SL your choice
My mexican Pesos index could be topping in what could be a first A wave coming after a long period of weakness. If so, B wave could be coming to the downside before a strong bounce to finish the correction.