USDMX is Showing a Bearish Market Structure as price is Falling, creating Lower Lows & Lower Highs.
Trade Below these Key Levels Would Indicate a steady downtrend and opportunities to short.
Highlighted is a Set Up I am Looking on this pair to Short to the Downside Targeting Previous Structure Lows.
If Price Breaks these Support barriers there is a high probability of further bearish continuations.
Trade Below these Key Levels Would Indicate a steady downtrend and opportunities to short.
Highlighted is a Set Up I am Looking on this pair to Short to the Downside Targeting Previous Structure Lows.
If Price Breaks these Support barriers there is a high probability of further bearish continuations.
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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.