#BITCOIN update 6.8.21 have we REACHED MAX FEAR?POTENTIALLY
YES
all is not lost
but there are technical risks to the downside
but also historical reasons to see this is as AN OPPORTUNITY
wealth is made during these times of max PAIN.
FBI
USDMXN: Uptrend continuation hereUSDMXN has fired a nice buy signal here, so we can enter gradually over a couple days.
If it doesn't move back down under yesterday's open, we can expect significant upside to emerge from here.
The fundamental key levels will tell you what prices will probably do with good accuracy. Please refer to my educational chart on the subject, or ask, for more information.
Going long USDMXN here is a good idea overall, since it acts a bit like a hedge against SPX during risk off events.
Good luck!
Cheers,
Ivan Labrie
