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USDMXN

USD/MXN - 4HR - Going Long after end of triangleUSDMXN - The pair is forming a triangle to complete purple wave 4. The triangle pattern is also forming another triangle as its green wave (e). The Wave Principle allows a triangle inside a triangle only in wave e. HOW TO TRADE THIS SETUP - Wait for price to break out of the green wave (e) triangle and look for buy setups to complete purple wave 5. The confirmation level is at high of blue wave (d). The whole triangle setup is invalidated when price retraces to 23.16708 where green wave (e) retraces below green wave (c).
Long
by peterpel
USD MXN AlzaLa fecha indicadora de compra y venta, esta hacia el lado de "Compra" , esto le puede decir algún trader que tiene que pasar a venta y abrir operaciones Short. Hay más publicaciones indicando Short. En mi caso personal seré el Toro que se pelea con los osos comprando en $23.94900 y cerrando operaciones a $24.10 Fundamentos bajistas: En méxico ya se quiere reactivar la economía. Mes de junio y Julio tienen ser un poco más volátiles y ir a la baja. La tasa de interés por parte del banco de México disminuyo para prestar más dinero Fundamentos alcistas: Vale kk el gobierno Punto Neutro Esperar hasta el 15 de junio para saber un poco a donde ira el precio.
Long
by bitcoinalexis
2
GBPJPY: Summary of my losses and my $110k+ profit for this week!Sorry for the late update, I was busy today. I made 70pips on GBPJPY and for GBPUSD my stop loss was filled at -40pips. EURGBP stop loss was hit at around -40pips, for NZDUSD I lost just under 500 USD. GBPAUD SL hit at -50pips. overall today I lost just under 15 hundred dollars. however, I'm up more than 110k for the week. this is the power of FOREX if u are dedicated it keeps paying!!! the only open position I have is USDMXN which I sold on Thursday, as of now I'm up more than 3,000pips on USDMXN. If you haven't sold this pair yet, pls don't follow me. a great SELL is coming for USDMXN in the near future! checkout my previous analysis on USDMXN to get a better understanding. have a great weekend!!!
by UnknownUnicorn4020772
USDMXNTriangle formation getting printed at the top of USDMXN, been following action price in this one. Daily candles had been respecting the triangle trendiness pretty good. Until a couple of day a daily candle broke outside the trend line and come back quickly inside the consolidation area. If you see at lower timeframes you would be able to find several patterns that gives sales entries but the most important one is to see that this time price has not been able to to reach the upper trend line. Lets leave the prices to do what if do best, surprise us
Short
by btocastillon
2
USDMXN: 25,000+pips Potential SELL???"Mexican President Andres Manuel Lopez Obrador said on Friday he aims to present plans next week to reopen the economy, as key sectors like carmaking look to begin business again after over a month of quarantine measures to curb the coronavirus outbreak"@Reuters. Mexico is planning to announce the plan on Wednesday or Thursday. I managed to capture more than 50,000pips in March alone with more than 1000% profit! If the announcement on Wed/Thurs suggests the economy will reopen soon, then this will be a great SELL opportunity as MXN will get some strength. USDMXN could potentially see '21.0000' price point! that's more than 25,000pips SELL potential! I will be waiting for the announcement and place my trade accordingly!!
Short
by UnknownUnicorn4020772
2