MEXICAN PESO STRUCTURE LONG|
Updated
USDMXN is in the downtrend and is currently trading in a small triangle.
TRADING PLAN:
Long now from the triangle support. Great risk reward and 50% probability.
I trade longs ONLY on such pairs due to the expensive interest rate spread, which in the case of being long peso, is working in your favor.
3 targets correspond with the local levels, SL below the support.
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Comment
Target 2 reachedComment
Target 3 reached!
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