FX:USDMXN   U.S. Dollar / Mexican Peso
Hello everyone, this week our scaling in trades did not work out. However no need to get discouraged because there is still plenty of money to be made.

From a Weekly perspective the market created a nice M formation and is near the Weekly resistance level from Jan 2017

Also we have beautiful confluence of the fibonacci 0.50 and 0.618 levels.


Our target is the neckline of the M formation which is around the 23.3 Level.

Take care and good luck

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out