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USDMXN LONG SL & TP ON CHART
U.S. Dollar / Mexican Peso
Long
USDMXN LONG SL & TP ON CHART
By PGTrades
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Updated
Jul 13, 2024
7
3
3
Apr 7, 2024
I believe in the coming few years the peso will go back to $18
Will be consistently looking to long USDMXN
Interest rates of the peso will be reduced, albeit slowly.
I think trump will be back in office which will affect the peso significantly.
Price action wise 16.4 looks like a favourable entry from previous respect of this level on higher timeframe.
0.5%-1% risk
Apr 7, 2024
Note
Pending buy limit set.
Apr 8, 2024
Note
Trade has been activated, not quite the reaction off that level I was looking for but holding the position until SL.
Jul 13, 2024
Note
Take profit achieved 6r
Fundamental Analysis
PGTrades
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