Hola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist USD/MXN Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish...
The US Federal Reserve (Fed) is set to announce its decision on Wednesday, followed by the Bank of Mexico (Banxico) on Thursday. Forecasts suggest that both central banks will maintain their current interest rates. Recent indications from Banxico suggest a leaning towards a more accommodative monetary policy. However, Deputy Governor Irene Espinosa has expressed...
Selling only after the retest of the HMA **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management**
Presently we are in a profit taking season against the dollar that has sponsored a bearish outlook. We have a change of character and break of structure that informs our bearish outlook targeting the unmitigated demand at 16.76 price handle. We are anticipating activation of our sell li it orders at 18 price handle.
FX:USDMXN SMA50 crossing SMA200 as in early october. Drop expected to 17.82.
USDJPY New forecast The USD/JPY pair was able to break the 148.89 level and hold below it, reinforcing expectations that the downward trend will continue effectively during the coming sessions, paving the way for achieving our main awaited target at 147.87 and 147.45. By closely looking at the chart, we find that the price is forming a double top pattern whose...
USDMXN going to hit the flip area of monthly TF. now we have sell opportunity we can sell in LTF below then the TL
Predicting a target of 16.86176 based on thorough analysis. Current price at 17.32979, entry at 17.32900. Positive technical and fundamental factors support a bullish outlook.
On Wednesday, the US dollar decreased in value against other major currencies, including the Mexican peso, by over 1%, due to reports of slower than expected US inflation. This suggests that the Federal Reserve may pause its interest rate hikes. According to data from the US Labor Department, inflation in April decreased to 4.9%, which is the lowest year-over-year...
usdmxn is on the way to more falling in the deep of the market , please traders be respective and do not think to buy this market just sell it without any thinking I wish all good for you
Looking at usdmxn here i'm seeing a rejection formed with a Bearish OB on the Daily time frame. with Consolidating in a Triangle formation where price has finally broke and closed below this structure.formation At the same time we are breaking A major support area where we can see price continue to drop to the downside!! This is for information and demo...
Testing new strategy, so fatr so good, previous 2 trades where a success so i am gonna go ahead and try a sell position, so I am shorting forex USDMXN wit TP 1 17.87, educational purposes only, good luck to ya'll
USDMXN Market Maker Sell Model (MMSM). Price ran up into a bearish Daily FVG (Fair Value Gap) and on the 30 min time frame it broke a swing low same time making a bearish fvg. I want to see price run up into that bearish fvg on the 30 min timeframe and then I target the Sell-side Liquidity at the lows. Remember everything is not 100% so if I lose the trade dont...
Lack of sufficient strength in the rise will cause the price to fall.
Waiting for a pullback into 20.22530 or into 20.48773 to short USDMXN back down to swing low target 19.81614. If you agree drop a like and if you have any questions leave a comment below :)
Elliot wave methodology of 3 WAVE pattern structure seen here, Projecting a 3 wave downtrend to continue
USDMXN is trading in bearish parallel channel. Price has bounced from the suppport of the channel making higher highs and higher lows. one can attempt for long position as breakabove will give excellent returns
✅On 4H timeframe i am expecting USDMXN to be bearish ✅As per my setup and strategy I am expecting price to fall lower to Tracey 19.80200 before reaching their retracement is possible ✅For more accurate entry, look at 30M or 1H chart for better entry. ✅Plan risk management according to your requirements Note :This is my personal opinion, do not take it as...