Last week, the price of USDMXN rejected the significant psychological level of 19.00. From the COT index, we observed that the pair had been muted for an extended period. However, I saw value in buying MXN leading into July. 🌞
🚨 Trade Update:
The trade is currently running 597 pips in profit! 🎉
Stop Loss: Moved to 18.62 to lock in profits.
Take Profit: Adjusted to 16.41.
This strategy continues to align with the current market dynamics and seasonal trends, making it a compelling opportunity. Let's see how it plays out! 📊
Happy Trading! 🚀
🚨 Trade Update:
The trade is currently running 597 pips in profit! 🎉
Stop Loss: Moved to 18.62 to lock in profits.
Take Profit: Adjusted to 16.41.
This strategy continues to align with the current market dynamics and seasonal trends, making it a compelling opportunity. Let's see how it plays out! 📊
Happy Trading! 🚀
Note
Still Holding +-732pips in profit
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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.
Related publications
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.