short USDMXN adding to on break of trend lineFX:USDMXN has been on a savage tear the last 2 weeks. It has printed multiple Knoxville divergences as well. Using pivot points and trend lines, I shorted this on break of the last trend line. It now has 2 missed weekly piots, and 1 unhit weekly pivot. I want to short again on a break of the current trend line (which should also make it hit the weekly pivot). Ideally, I want to short it all the way down to the monthly pivot, but I may be satisfied with 19.0.
Trendbreak
Jet Airways - Confirming Support after Breakout (Intraday Buy)As seen on last trading day that the price action broke the downtrend diagonal move with high volume on charts, today we are observing confirmation at the previous breakout levels, which will eventually push buying and move prices up.
Target 1: 570 Target 2: 582
SL. 557
USDMxn short eow retrace4 hour Rsi approaching overbought. 1 hour is already overbought. USDMxn also approaching major resistance at 17.94ish. I think it will tap that resistance line then run down for a beautiful end of week trade. I have my sell order set at 17.9 and alerts set for a break of either line. If it breaks the trend before it hits my sell order I will handle it manually.