U.S. Dollar / Mexican Peso USDMXN

Sell now

Symbol: USDMXN Prediction : Short Daily : The price is on a bearish correction, we had 2 rejection candle at this level. H4 : The price give an head and shoulders, now the price is sitting on the support. H1 : We have to wait a clear break of this support before selling it.

USDMXN trend is changing. Looking for a long entry at the cypher entry point

USDMXN trend is changing direction. looking for a long entry at the cypher entry point.

USD/MXN has been giving us some serious pips since November! We captured over 1,400 on the latest sell-off, followed by 400 plus pips recently on a short-lived buy. If you refer to my linked idea below related to the reversal after the drop, you will see in my updates how the 200 MA provided resistance, to which I immediately closed my buy position. This area also...

READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted...

We have a clear impulsive wave down, and are currently in wave 4 which is playing out as a Triangle. We can short this because we have a very tight defined Stop which is above wave E of the triangle.

USDMXN broke out of the one month long consolidation, we now have a possible bullish reversal and we can try to catch this retest for a long trade in the kill zone as shown in the chart above. Target one is as shown in chart but there more upside if we break above that level as well

Hi everybody, USDMXN made a nice drop in impulsive fashion, down from 20.657 level which can be a five-wave development in the making. We can see waves 1,2 and extended wave 3 completed at the lows, so current sideways activity can be a temporary pause within the downtrend. We see this pause as a triangle correction within wave 4, which can now be trading in...

We think USDMXN has completed the bigger correction and now is ready to move down once the trendline is broken

USDMXN BULLISH WAVE COMING UP FOLLOWING AN UPTREND CHANNEL ON A D1 TOMEFRAME

the correction phase is at its last stage. and then we may have another impulse bullish move if the triangle is broken successfully from upside. - Weekly chart ( Bullish uptrend ) bullish weekly bar. - MACD Histogram the histogram is printing a lower bar then the previous one below the zero level. there is a double bottom in the histogram - Elder impulse system...

USDMXN

nice reversal. wait for nice entry on lower time frame. long term hold. making leg up.

Respecting the Weekly Trend Line. If You Look at it on the Daily/2h Times, you can see price is doing a correction which is a good sign of price reversal. To be on the safe side, enter for a buy after the breakout. I am more than confident that its going to go Bullish soon!

Hey tradomaniacs, welcome to another free signal! Important: Wait for an S&R-Flip. We need to see a conformation of the breakout! Place a Buy-Stop @ entry! ----------------------------- Type: Swingtrade Buy-Stop: 19.24556 Stop-Loss: 19,000 Target 1: 19,38837 Target 2: 19,5500 Targt 3: 19,07392 ----------------------------- LEAVE A LIKE AND A COMMENT...

posible buy setup @ 19.16616

USDMXN is in a ABC correction for wave 4. Since wave 2 was sharply, wave 4 takes more time to complete. Afterwards it will go down for wave 5.