I will wait for a break of the trend line to the downside.
Price looks like it is riding that trend line. Anticipating a drop to the bottom trend line E for a big buy. I will place a sell when the tim is right and also have a buy limit for the E impulse up!
Wait for broken trend line and formation of a flag as a good indication for a buy. If not, ride a sell down to the bottom trend line
Anticipating a sell after break of trend line and the formation of flag. Trade with care!
I see a correction on the 4hr. Waiting for break of trend line to the up side, will look out for price to reach the 38.2% fib level. Keeping an eye on it regardless!!
I have been short on USDMXN last week. I believe there should be another push down next week. if it does break the upper trend line, it may ride it down before a spike up.