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.Longby GOLDFXCC2
Wedge PatternUSDMXN PESO!!!!!!!!!!!!!!!!!!!!!!!!!!! YOU WON'T BE IN THE DOGHOUSE LONG.... YOU BETTER STAY WOKE (;Longby ZODOGHOUSE0
USDMXN - likely shortRight side chart. Impulse followed by a three-wave pullback. Continuation to the downsideShortby UnknownUnicorn33825802
USDMXN looks good I'm more with the second way to go..the long way; waiting for a retrace by Kangaroo-Market0
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/Longby tfranks0
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% - 19.85Shortby Rabeekhatlani1
WE DON'T SEE THINGS AS THEY ARE, WE SE THEM AS WE ARE.Hi Guys Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!Shortby DjRedEye0
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% - 20.1Longby Rabeekhatlani1
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.Longby alldyn_pip_king2
USDMXN AnalysisExpect a nice bull candle here soon. It might dip down again before doing so. by FASTFOODFX0
Buy LONGPrice is at key support area on weekly. Potential double bottom and long buy for weeks and months to come.Longby Cipher_FX3
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. Shortby nickg6902881
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.Longby Patrick321110
Elliott Wave Analysis: USDMXN Is Forming A Bearish TriangleHello traders! We want to share a chart with interesting and known pattern called triangle on USDMXN currency pair. As you can see, USDMXN is trading sideways since the beginning of 2021. With slow price action and corrective sideways wave structure, we believe it's just a correction within downtrend, ideally a bearish triangle formation within a higher degree wave (IV) that can send the price even lower within wave (V). Triangles are continuation patterns which consist of five waves A-B-C-D-E and seems like the final wave E can be now in progress, so watch out for a drop back to lows towards 18.x area soon. It’s also worth to mention that three weeks back the central bank of Mexico (Banxico) hiked the benchmark interest rate by 25 basis points to 4.25%. This seems to be very bullish for MXN across the board and it may last until other banks will start increasing the rates as well. However, a lot of CB seem to be waiting on the FED first. Today, Powell will definitely talk about inflation, but recent retracement on some of the commodities, like Lumber, may give more time to the FED, so they can wait with aggressive taper- talk, possibly till September or maybe even end of the year. Under that situation dollar may face limited upside. Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.Shortby ew-forecast5
usdmxn longhi pals ⚔🧨 If you are tired of losing money in this market Just pull the trigger with us and enjoy 🏹🏹🏹 Risk/reward 1/10 minimum win rate 80 and up #trigger_price_action #forex #currency #price_action #hunterLongby im_mostapha4