Usdmxnbreakout
Cycle completion Wave 1 impulsive BUY setup...Cycle is looking complete so a BUY order at around 19.97600 break should secure your long position on the up trend nice and early... Lots of pips to be had on this impulsive 5 wave up move... 3 orders will be placed to maximize profits...
USDMXN broke uptrend, might possibly go down after a re-test.Well, what do we have here? I'm seeing a 4-hour-chart based uptrend already broken, this pair is going down I think, but first it has to re-test that trendline, let's see what happens.
Any comments?
USDMXN broke uptrend, might possibly go down after a re-test.Well, what do we have here? I'm seeing a 4-hour-chart based uptrend already broken, this pair is going down I think, but first it has to re-test that trendline, let's see what happens.
Any comments?
PS: I'm really ashamed, I used the word 'breaked' instead 'broke' hahaha my bad.
USDMXN ShortUSDMXN broke the Daily support in 18/18.2 area. I setup a trade with an EP at 18.04 SL at 18.2 TP at 17.65
USDMXN 1hr 1mo descending wedge breakoutA short side breakout will be a sharp drop; long side will be a slow grind higher. Range is tightening as shown by the clumping moving averages.
