EURMXN: Offering promising downside and a nice carry
Updated
EURMXN is in a downtrend currently, and about to fire continuation in weekly scale.
We can look to go short on a drop under the recent low, with stops above 19.7591, and aiming for 17.4766 as bottom target.
We can cover half once we hit 18.4273, or after the downtrend time runs out.
The projected potential downtrend would last a maximum of 9 weeks.
We can take this trade together with usdmxn as well, since both have promising setups.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
We can look to go short on a drop under the recent low, with stops above 19.7591, and aiming for 17.4766 as bottom target.
We can cover half once we hit 18.4273, or after the downtrend time runs out.
The projected potential downtrend would last a maximum of 9 weeks.
We can take this trade together with usdmxn as well, since both have promising setups.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Note
Order cancelled
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.