USDMXN Triangle break Short position
USDMXN Triangle formation over the past April with undefined direction.
Triangle formation break this week, the chart made allready a test to the 23.800 level, now resistance.
We will see probably a drop to the 22.800 (fib 0.382).
TP1 - 22.800 (fib 0.382)
TP2 - 22.000 (fib 0.500)
TP3 - 21.150 (fib 0.618)
Small SL and big TP
Trade safe, cheers
Triangle formation break this week, the chart made allready a test to the 23.800 level, now resistance.
We will see probably a drop to the 22.800 (fib 0.382).
TP1 - 22.800 (fib 0.382)
TP2 - 22.000 (fib 0.500)
TP3 - 21.150 (fib 0.618)
Small SL and big TP
Trade safe, cheers
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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.
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.