USDMXN - Sharp Upmove Possible?

Updated
Currency Pair - USDMXN

I am seeing a good trading opportunity in USDMXN.

Taking long positions here at CMP 16.66200

My SL would be 16.60000

Target I'm expecting is 17.00000

That's 1:7 RR trade.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade active
CMP 16.72500

$1300 in profit.
Trade active
CMP 16.76400

$2200 in profit as of now.
Trade active
CMP 16.91000
$4950 in profit as of CMP.

heading towards my target like a bullet!
Trade closed: target reached
Closed in $5360 profit.
Beyond Technical AnalysisforextradinglongsetuplongtradereversalzonesSupply and DemandsupplyandemandzonesusdmxnlongWave Analysis

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