USDMXN - Bull hunting
please review a 1 week Div for the USDMXN pair
Fib re-trace will provide key prices to look for while we hunt those all too important candle patterns
I would like to recommend hunting 1 day candles, look for a Bull Fractal before entering the game
potential bottom:
.786 18.11755
potential breakout:
.618 18.95532
take profit
.382 20.13218
remember this is a long study so be very precise with entry and shorter timeframe verification to go long
dont forget to use ATR for stop loss calculation, keep leverage low to support the long trade and in general just try to survive those tree shaking pip stealers
chears
Fib re-trace will provide key prices to look for while we hunt those all too important candle patterns
I would like to recommend hunting 1 day candles, look for a Bull Fractal before entering the game
potential bottom:
.786 18.11755
potential breakout:
.618 18.95532
take profit
.382 20.13218
remember this is a long study so be very precise with entry and shorter timeframe verification to go long
dont forget to use ATR for stop loss calculation, keep leverage low to support the long trade and in general just try to survive those tree shaking pip stealers
chears
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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.
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.