All the entries should be applied if all the rules of trade are applied comment us for detail view and understanding
My analysis is a simple levels and trend. As the price is going down it has respected every level so far and it should continue down doing so.
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Heading to $20.00
USDMXN : ALL THE ENTRIES SHOULD BE APPLIED IF ALL THE RULES ARE APPLIED
As you seen my last week trade setup and our last call on this pair and USDZAR as well, the market almost hit the expected target around 21.5000 area.On the weekly chart market look on a bearish momentum with a possible break of the recent lows in the near future But i should retrace back towards up to maintain its structure(support and resistance) .Price on...
All the entries should be taken if all the rules of entries are applied . Follow it for learning. do comment us we will guide you
USDMXN on the weekly chart has retraced till the 0.5 fib level before starting a new leg down inside a channel. On the daily chart the market has recently broke again the daily support and we can expect the price to reach the lower level around 21.500. If the price will give us a signal according with Plancton's strategy we can set a nice short...
DISCLAIMER: My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level. Good Luck!
we can notice that SMA 50 wants to be above SMA 200, be aware that free fall of the pair can come
if the price keeps separating from sma , this means downward trend. this trend may last about 8 hours. considers this operation a little risky- to keep an eye on the indicators is likely to make a strong rebound.
I love exotics, mainly because they pay...lol See how this study can help your trading in the coming week. Yellen, One Move One Kill