


ChilimBalam
Cemex has been in a sideway channel for at least 3-4 months take profit around 10.50 or hold your long for long term.
Wait until breakout of triangle to enter long and remember to move stop loss to break even once your account is in positive numbers.
Based on fibo retracements and fibo extensions, next level to reach would be .7020
BASED ON FIBO RETRACEMENTS & EXTENSION WE CAN CONSIDER TO GO LONG...
See information in chart, wait until confirmation ....
SETUP BASED ON WOLFE WAVES AND FIBO, COMMENTS ARE WELCOMED
Based on wolfe waves I will look forward for a new rejection on its resistance area located around 1.5060-1.5070 to enter short.
Based on fibo extension the squeeze will be extended below .6980
SL (1.1400) just 5 pips below entrance (1.1405) on this position consider 2 take profits based in fibo. Also beware of position sizing. Let's win this trade!
Go long on this pair , SL just under 5th wave.
Using wolf waves I took a long position at .7159, take profit located between .7210- .7215
USDMXN is still in an uptrend, In the next days I expect the price gain more strength, so there is the chance to make some profit in the pullback .
This movement to downside started since price broke trendline and was confirmed once it passed fibo level .382. Possible continution be aware of this pair. Please share your idea or comment. Thank you! :)