USDMXN trade ideas

wijitha

this is my bullish technical idea and price action analyse . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal

amostrades Updated 

Looking for a simple buy this week and next week. Be patient with this trade. Market execute or await pullback to enter....Trade could possibly reach 17.55 but I'll be out at tp1. Enjoy!!!

HANSFXTRADER

Weekly: -Inverse H&S pattern. -Bullish M pattern. -IC. Daily: -Bullish M pattern. -IC. -Next target is the daily imbalance. 4H: -Inverse H&S pattern. -IC.

wijitha

this is my bullish technical idea and price action analyse . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal

mohammadfaizan410

A clear secondary downtrend, short position at the last support break. Two trades at the same entry

MASTERPIECE10

Hello traders, Wave 4 has probably ended at 17.02968 zone. Wave 5 is supposed to materialise towards the resistance zone at 17.70745-17.77245. Thanks.

wijitha

This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck

ThePipMessiah

The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots

wijitha

this is my bullish technical idea and price action analyse . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal

wijitha

This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck

advantegroup

Price has tapped into liquidity, and returned back into the FVG.Looking at a decent sell to correct all the market inefficiencys

zainmalang30

USDMX make divergence and break previous higher low i expect that it will go in bearish trend and it will hit my targets

wijitha

this is my bullish technical idea and price action analyze . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal

JuanHernandez

Today, I opened a short position on the USDMXN due to the strong bearish trend in recent months. This trend has been driven by the attractiveness of Mexican bonds with their high interest rates. However, today's release of the CB Consumer Confidence (Aug) data in the United States was significantly lower than expected. The actual value was 106.1, while the...

efazil

We are close to Long this pair. Buy Trip is coming.

GreenStoneFX

My own view on USDMXN This trading pair has been declined for many trading weeks with the strong in MXN (Long 80% of MXN by big financial institutions showed on CFTC data). This week, the CFTC Data shows that Big Financial Institutions have closed Long Positions and Add more short Positions on MXN. FED also prepares for raising more rate as inflation is still...

QBomb97

Looks like the USDMXN is going short at the moment following a clear shooting- star candle with strong bearish closing candle, WATCH OUT!

moneymagnateash Updated 

As a Peso buyer it’s hard not to notice this pull back potential to 18.00 level. I’ll upload a deal for this trade soon.