1M chart bullish pennant has broken to the upside, with a target of around $28 to 33 mxn per 1 dollar.
I'm pretty confident in this trade given it took 3 years for this pennant to form so its pretty clear cut TA wise. Also given the economic forecasts and the current administration, it's almost guaranteed.
Let's see how this ages.
I'm pretty confident in this trade given it took 3 years for this pennant to form so its pretty clear cut TA wise. Also given the economic forecasts and the current administration, it's almost guaranteed.
Let's see how this ages.
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.
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.