USD/MXN - High probability sell setup - Week of 09/6/2020USD/MXN - High probability sell setup - Week of 09/6/2020
Wait for key support to breakdown with a retest before going short.
The long scenario is unlikely at this time.
Mexico
AxtelCpoBMV:AXTEL/CPO
Una de las empresas que ha subido bastante pese a la caída de marzo, ha mostrado una recuperación de mas de 170% desde marzo.
Hoy coloco entrada en los 7.00 buscando un objetivo a largo plazo de 9.00
BITCOIN EN GRAFICO DE 4 HORAS (ALCISTA)Hola. Como lo publicamos el 13 de agosto nuestro análisis indicaba que tendríamos un crecimiento en el precio de Bitcoin y, ayer por la noche tuvimos un brote a cerca de los 12000 USD. Creemos que es tiempo para tomar el 50 por ciento del trade a la alza y esperar con el resto. Recomendamos un alto de pérdidas (stop-loss) en el nivel 11400.
BITCOIN CONSOLIDACION EN GRAFICO DE 4 HORAS (ALCISTA)EL DIA DE AYER (13 DE AGOSTO 2020) COMENTABAMOS QUE ESPERAMOS UN MOVIMIENTO ALCISTA EN EL PRECIO DE BITCOIN Y, HOY SIGUE SIENDO ASI. ESPERAMOS UNA CONSOLIDACION EN EL PRECIO ENTRE LOS 11500 Y LOS 11850 USD. ESPERAMOS PARA ESTE FIN DE SEMANA UN MOVIMIENTO A LA ALZA QUE NOS LLEVARA A LOS 12 000 USD POR CADA BTC.
lala Lala se encuentra en una tendencia alcista (al fin logro romper la tendencia bajista de largo plazo)
Sin emabargo se encuentra ante su resitencia de los 14 mx misma que la esta haciendo retroceder, pongo en caso de caer se iría al rango de los 12.9-13 con una sana correccion pero continuando la tendencia alcista
Asimismo si logra pasar la barrera de los 14, nos iriamos al siguiente de los 16 mx BMV:LALA/B
Alsea en rango Después de una semana desde el día del rally por parte de alfa, esperamos una corrección sana en el nivel de los 13 pesos.
Esperar a la zona de entrada para seguir aprovechando el cambio de tendencia. BMV:ALFA/A
Alfa BMV:ALFA/A
Después de una semana desde el día del rally por parte de alfa, esperamos una corrección sana en el nivel de los 13 pesos.
Esperar a la zona de entrada para seguir aprovechando el cambio de tendencia.
USDMXN is inside a ascending channel 🦐USDMXN is inside a ascending channel. Price bounced on 0.618 fibonacci level, and now we are waiting for a breakout.
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Second chances exist...After this notice revealed at 10am in Mexico it gave us a chance to make another entry with this big pullback !
TX: Ternium is a huge buy here...I think $TX shares are likely to benefit from increasing inflation and higher interest rates in their target markets, caused by the huge money printing and govt spending needed to survive the Coronavirus induced recession. As activity picks up, construction in these markets will be a very profitable endeavor, specially as real estate prices tend to go mostly higher due to the terrible combination of high interest rates and high inflation in these EM nations. Additionally, steel itself is likely to go up due to the infinite QE effect over time as well.
Valuation for $TX was very attractive recently, and I've been buying it for some time. Currently one of my favorite stock ideas.
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Cheers,
Ivan Labrie.
ME, México empieza su 5 de largo plazo (o terminando C)Parece buena idea de inversion (a largo plazo). Esperar un poco mas antes de ir largos.
USD/MXN Pandemic response ??Mexico's Central Bank Governor Diaz De Leon: Mexican Peso flexibility is a shock absorber, the pandemic is 'unprecedented shock' for the country -BBG $USDMXN #Peso
USDMXN could hit 26.70-27.50 after correctionThe wave Y reached equal distance of wave W. It could dip lower to 22.80 (valley of wave W).
The trend then will resume to the upside.
It could hit between 26.70 and 27.50.
I see oil lower and oil related currencies could drop.
USDMXN - SMAs 50 100 200 4H - ShortPLEASE: Help me understand charts, I'm learning still, here's my first idea published, let me know what you think!
My entry overlaps the resistance, I was lucky to get filled at $24.8870, $24.88630, $24.88610
Second TP is on the meeting point of the 100 and 200 SMA, which I guess must mean it's important lol
LONG USDMXN ! GET SOME BURRITOSUSD / MXN looks good to accumulate longs
Target new highs
SL below 23
Panicking? I have some toughts on BTCIf we close the current candle below the magenta line I think we still keep going down. BTC just fall with the opening of the futures markets of the SP 500, but we have to wait for the market to open. I will keep adding to my long position buying the DIP and catching the basis.
MXN lining up a bullish flag with a target of $32 MXN per 1 USD.I posted an idea on July 22, 2019 with my target at $29 pesos per 1 USD by August 2020. However, the new Mexican Government's poor economic choices along with the with the rise of the COVID-19 pandemic, have exacerbated the problem and consequently accelerate the peso's fall. Banxico has been intervening by selling USD in the open market in an effort to stopping the pesos fall. Consequently, how much of an intervention is Mexico's central bank able to afford? only time will tell.
Things don't look so promising though.
AMLO has cancelled an important contract with constellation brands after an initial investment was made.
Foreign investment is declining due to loss of confidence.
The cancellation of the lease of the presidential plane has not been done due to lack of funds.
Investments in the unprofitable and state run oil company PEMEX, the Dos Bocas refinery, and the Santa Lucia Airport, the creation of the national guard, plus numerous social programs are draining the economy heavily. In addition, a drop in GDP due to investor confidence, COVID-19, and poor economic choices do not paint a positive outlook for the peso and the overall Mexican economy.
COVID19 México USA ItaliaMéxico ha reaccionado más rápido de lo que se cree. Hay carencias y se padecen muchas comorbilidades (diabetes, obesidad). Pero, la cuarentena se empezo a buen tiempo. Sigan las recomendaciones y quedense en casa.
