USDMXN - SHORTSelling only after the retest of the HMA
**This is just my trading thought process and does not constitute as financial advice.
**Please trade with proper risk management**
Usdmxnbear
USDMXN LONGSo the short position a few weeks ago went beautifully, you can check on my profile. We arenow looking for reversal
USDMXN Short Trade on Daily ChartA short trade on USD/MXN pair initiated today. The trade is a long term position, which have the characteristics of carry trade (giving interest of about 4.5% y/y for keeping it) and very favorable risk reward of 1.51.
USDMXN shortPair approaching supply level.
Entry : 19.4724
Stop : 19.5827
After filled and level reaches 19.3531, move stop down to entry or collect profits.
