USDMXN
After the great short setup in one of my previous posts, I was closely monitoring the price closely.
I drew a trendline after the first wick rejection by the bulls and that formed a basis for my thinking that there could be a possible reversal to the upside.
I have 2 trades currently running, one is close to TP1 target (20.64917) R:R 2:46, and the 2nd position has just been triggered with TP2(20.87723) R:R 1:49 as illustrated.
I drew a trendline after the first wick rejection by the bulls and that formed a basis for my thinking that there could be a possible reversal to the upside.
I have 2 trades currently running, one is close to TP1 target (20.64917) R:R 2:46, and the 2nd position has just been triggered with TP2(20.87723) R:R 1:49 as illustrated.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.