USDMXN USDMXN 21.80 ABOVE I EXPECT 21.92 & NEXT 22.10 PRICE COME.
US MANUFACTURING GOOD RESULT COME, IMPECT THIS FRIDAY FOMC NEW MOST, SO RISK ALMOST THIS WEEK.
MXNUSD trade ideas
USDMXN USDMXN 21.80 ABOVE I EXPECT 21.92 & NEXT 22.10 PRICE COME.
US MANUFACTURING GOOD RESULT COME, IMPECT THIS FRIDAY FOMC NEW MOST, SO RISK ALMOST THIS WEEK
Current situation on USDMXNCurrently USDMXN is testing a previous demand zone. Moreover according to the COT report Mexican peso is set to show weakness.
now is the great time for a long, preferably on the 4 Hr. time-frame.
USDMXN SellPrice is currently rejecting from down trendline. As long as price stays below trendline, expect sell towards support zone price 21.93370.
How to trade USD/MXN for a livingKey points in discussion
How to identify a potential trade with bhoomi Fx
Where to enter ?
Where to exit ?
More importantly how to trade fx for a living
*SMALL SINGLE ARROWS ON BHOOMI FX, THEY ONLY HAVE AN ACCURACY OF 86%. UNLIKE DOUBLE ARROWS WHICH HAVE 91.19 ACCURACY
USDMXN POSIBLE FORMACIÓN DE UN PATRÓN BAT EN VENTA USDMXN POSIBLE FORMACIÓN DE UN PATRÓN BAT EN VENTA
USDMXN shortlets see how this play out.....there was an impluse and then relief and now we are hoping for another impulse downside. Timeframe 4hr
Compra USDMXNTendencia claramente alcista
Concurrencia en la zona del 23%
Segundo toque de nuestra trend line alcista
Bearish Cypher formation on the USDMXN 4 hour chart. A bearish cypher seems to be emerging on the FX_IDC:USDMXN 4 hour chart.
A limit Sell order can be placed at 21.7887
Target: 21.4403
Stop: 22.0654
A 1:1.26 Risk Reward Ratio
Bullish Bat Pattern on USDMXN 15 mins chartThere seems to be a potential bullish Bat Pattern forming on the FX_IDC:USDMXN 15 mins chart.
Entry for long: 20.9231
Take Profit: 21.0872
Stop Loss: 20.8402
A good risk reward ratio of 1:2
