EURMXN Short continuation and add on levels
Entered short in January '17 23,01, been holding it since then and am now looking to add on in the coming months for wave 5. First add on to the short was 21,55 end of august. Next levels will be 22,01 for a quarter position, 22,30 for half a position and 22,57 for a full position if it even gets back up there.
Soft targets will be between retest of wave 3 19,60 and the psychological 18,50 mark. For the long shot target we are looking at the 17,20 which if reached, would be the latest point where i start looking to go long. i see slim chances that it reaches all the way down there but hey, anything is possible. just in case i have a scenario set up for it and otherwise i will let my standing shorts get stopped out within decent profit levels.
Soft targets will be between retest of wave 3 19,60 and the psychological 18,50 mark. For the long shot target we are looking at the 17,20 which if reached, would be the latest point where i start looking to go long. i see slim chances that it reaches all the way down there but hey, anything is possible. just in case i have a scenario set up for it and otherwise i will let my standing shorts get stopped out within decent profit levels.
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