j_nathan

USDMXN - Bull hunting

Long
j_nathan Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
please review a 1 week Div for the USDMXN pair

Fib re-trace will provide key prices to look for while we hunt those all too important candle patterns
I would like to recommend hunting 1 day candles, look for a Bull Fractal before entering the game

potential bottom:
.786 18.11755

potential breakout:
.618 18.95532

take profit
.382 20.13218

remember this is a long study so be very precise with entry and shorter timeframe verification to go long
dont forget to use ATR for stop loss calculation, keep leverage low to support the long trade and in general just try to survive those tree shaking pip stealers

chears
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