EURMXN trade ideas
EURMXN 15MNTwo Strong BULLISH BAT PRZ for SCALPING
Earlier this same Pattern given good reaction on Type1 entry
now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
EURMXN HIDDEN BEARISH DIVERGENCE Hidden bearish divergence appearing on the hourly chart. Placing a Sell Stop under the recent hourly low with a stoploss above the recent trendline high may lead into a trade position that has potential to fill the gap or retest the lows.
this strategy looks to take advantage of hidden divergence reversals and letting this instrument show it is making lower highs and lower lows allowing our order to be filled without chasing price or entering without some form of a reversal sign.
risk for all trades is 2.00% maximum
this particular trade yields a 1:6 risk reward