MXNUSD trade ideas
USDMXN position longuePossible retournement sur USDMXN, cassure de canal baissier + retest + bougie de confirmation + divergence rsi en 15 min. Possible impulsion en daily.
Diamond Double Bottom with Bullish DivergenceCheck the related ideas below for other still very valid reasons to be bullish on this pair.
USDMXN H1 | Intraday - This pattern is still in the process of forming. Possible pullback price movement towards the resistance of 20.0000 within the next period.
Wedge PatternUSDMXN PESO!!!!!!!!!!!!!!!!!!!!!!!!!!!
YOU WON'T BE IN THE DOGHOUSE LONG....
YOU BETTER STAY WOKE (;
USDMXN - likely shortRight side chart.
Impulse followed by a three-wave pullback.
Continuation to the downside
USDMXNBreaking a steep downtrend its been in for over a year. Looking to buy up and a previous higher swing point before pulling back down/
USDMXN(Short)Short Call
Bearish Reversal
Lower high and Lower low formation formed
Hanging Man
Bearish Engulfing Candle @ 4Hr resistance line
Entry below previous Lower High @ break point
Stop loss above last Higher high
Take Entry - 20.1
Stop Loss - 20.02
2 Stage Target Setting
1 TP - 75% - 19.92
2 TP - 25% - 19.85
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USDMXN(Long)Long Call
Bullish Reversal
Higher high and higher low formation formed
Inverted Hammer
Three white soldier formation @ 4Hr support
Entry above previous higher high
Stop loss below last lower low
Take Entry - 19.9
Stop Loss - 19.89
2 Stage Target Setting
1 TP - 75% - 20.525
2 TP - 25% - 20.1
USDMXN Buy PositionMissed an earlier retest of this at the top of the hour 2000 ET 7/18/21, looking for a retest of the area for my Buy Limit to kick in. There are 3 TP areas I have of interest.
Buy LONGPrice is at key support area on weekly. Potential double bottom and long buy for weeks and months to come.
Nice dxy bull trapIn my opinion it is only a matter of time until the rug is pulled on the herd to fill void @ 91.00, I doubt this is an accumulation. Usdmxn says it all, I see trend line longs getting trapped hard. I expect mxn to tank hard along with dxy.
USDMXN Long updateUpdate to Previous USDMXN long Position. if you followed my recent prediction in regards to a bounce along trend line, you already profited. Keep an eye on price action along the support line for another entrance to a Long position.
