MEXICAN PESO STRUCTURE LONG|

Jul 16, 2020

USDMXN is in the downtrend and is currently trading in a small triangle.

TRADING PLAN:

Long now from the triangle support. Great risk reward and 50% probability.

I trade longs ONLY on such pairs due to the expensive interest rate spread, which in the case of being long peso, is working in your favor.

3 targets correspond with the local levels, SL below the support.

Thank you for reading, support me with the like and subscribe if you like my work.

Have a nice day!

Jul 17, 2020

Note

Target 2 reached

Jul 20, 2020

Note

Target 3 reached!