watch out for this drop SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
Within the support and resistance of the bullish trending channel which is also a bearish flag, we are awaiting for the strong drop towards the support. Sell MXN pairs.
Buy at 1.618 The golden ratio and i think its not gonne get higher as the first sell point 0.618
This chart is just an update of the "love or hate" chart, with the EURMXN as a comparison. Even though that chart is already closed it is still a useful reference. In front of us we have important resistances, however, although in the short term 19.40 is possible, in the medium term i see likely to find support above the critical area. I will see how this set...
Short Euro against Mexican Peso from 22.76 Video elaborating on the Mexican Peso trade:
Weekly dollar peso Disclosure: I see the blue 18.05 level holding and a good INTRADAY buying opportunity daily euro peso
Price failed at the ATH with RSI Uptrend Broken, looks like a potential M Formation.
The EURMXN maintains the bullish momentum after the good economic results released during the last press conference two weeks ago by the president of the European Central Bank, Mario Draghi (Find below, all the ECB press conference highlights) The pair couldn't break the previous resistance now support zone, maintaining the up trend. My recommendation is to buy...
After collecting some nice profit on the wave4 upwards, i am now positioning myself for the longterm short positions starting @22,19. Heading for soft targets @21 and long term soft targets in the 17range
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...
EURMXN potential move to the upside 1st target 20.99
Long EUR/MXN on bullish fundamentals for EUR and bearish for MXN.
FX_IDC:EURMXN Safe Trades;
Hello Trader Some of my point of view about the pair EUR/MXN... the Mexican Peso is a High Risks Moving... TRADE WITH CARE. THANK YOU FOR YOUR SUPPORT. ALAN TANG