Peso ShortMultiple rejections of the yearly pivot suggest more red in store for the Peso, target is the Yearly S1 support level
USDMXN
[USDMXN] FORECASTHello Traders!
From a technical point of view, the pair should have completed the impulsive structure (12345), and if our analysis is correct, the next swing should trigger something like a corrective structure (ABC). That being said, we will be looking for some BUY OPPORTUNITY on the intraday chart.
NOTE: Later we will also publish analysis and setup on the intraday chart .
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Thank you for support and trade with care!
[USDMXN] ANALYSIS & SETUPIf our analysis on the daily chart is correct (see chart below), the pair should complete the corrective structure (ABC) and we will try to take long position around (C) area with stop below the low.
OUR DAILY ANALYSIS
(Click and Play on chart)
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Thank you for support and trade with care!
#USDMXNSupport and resistance are specified;
Time limit is specified;
The price is within the norm ..
USDMXN going up again?Trading often is testing the waters and see what happens.... As I was waiting for the weekly OANDA:USDMXN to reach the upward sloping trendline.... I missed the entry..... Now I had to wait for a retracement on a lower TF like the H4 to form an inverted H&S. Got in at the right shoulder and am just waiting for the neckline to break and price go up. If it doesn't I'll just wait again for a nice entry to go long.
USD MXN SELL (US DOLLAR - MEXICAN PESO)Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
USD/MXN Possible Long Trade IdeaThis is not a signal. For now WATCH for confirmation
Price contained within this wedge formation for a while. Trendline confluence; love the long legged doji, which signals possible reversal. Looking at possible buy to at least 50% or 61.8% fib level. Trade at your own risk. Wait for confirmation before entering, is my suggestion.
USDMXN - Playing inside the rectangle -ShortOANDA:USDMXN Details on the chart.
Keep it simple always.
Pipdified
USDMXN - Long term swing trade - shortOANDA:USDMXN Intereested in long term swing trade.Here it is....
Details on chart.With Head and shoulder confirmation and Unable to retest.
If it breaks the neckline chart will be invalid.Wait till tuesday and enter.
Pipdified.
USDMXN - BuyThis is what we are thinking, originally posted on the 14th of January but removed due to "advertising".
USDMXN - Important zone to watchout Details on the chart as if it breaks 19.67 will leads to 19.47.Now in important resistance zone.You can go for short for mid term.
Trade active
Regards
Tamilkumar
