USDMXN long position soonFirst proper break and retest of the trend. Needs a little more time IMO but looking good so far.
Usdmxnlong
💡 USD/MXN To the moon? Hi traders. Given USD strength the past couple days This USD pair looks to be the most interesting if it can play out this could be an explosive move higher. On the other hand if it breaks back below it would also be a nice short trade. Keep in mind the risk off sentiment in the markets as it will play a key role.
USDMXN BUY- IPO
- Order block
Expecting price to grab liquidity and retouch the order block to go higher with a RR of 5.
USDMXN Channelling Higher, Targeting 20.23Trend Analysis
The main view of this trade idea is on the 2-Hour Chart. The FX Cross USDMXN is channeling higher and is currently and the lower end of the support channel around 20.05. Expectations are for support to hold and the FX Cross rally towards the upper end of the trend channel at around 20.23, 0.81% away. If this upward price movement breaks down, a stop loss should be set at around 20.
Technical Indicators
The short (25-MA) and medium (75-MA) fractal moving averages indicates a change in trend in USDMXN, supporting the short term bullish view. Currently USDMXN is trading above these respective moving averages and there has been a bullish crossover on them, with the short term fractal moving average crossing above the medium term fractal moving average.
Recommendation
The recommendation will be to go long at market. Stop loss will be set around the 20.00 price level and a target of 20.23. This produces a risk-reward ratio of 2.50.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in USDMXN .
USDMXN Potential Long off 15M AOI returning to 1H SZAssociated price action has been playing around this area for a bit. Looking for price to do a Fake Out (FO) to the south and then the true movement to the north. We may not see any movement until later within today's NY Session.
USDMXN Buy PositionMissed an earlier retest of this at the top of the hour 2000 ET 7/18/21, looking for a retest of the area for my Buy Limit to kick in. There are 3 TP areas I have of interest.
USDMXN MARKET ANALYSISUSDMXN idea. Price has been maintaining a steady uptrend breaking previous zones.
USDMXN bUy TrAde (My View)Perfect Trade Opportunity With This Pair::: Fibs For TP 2 & 3... Yellow Line TP 1 ---- SL On Chart:: Start Your Week Right
Bullish symmetric triangle sHello team. we have located a continuation pattern on a break and retest of structure. possible entries could be. waiting on a break and retest. please leave a comment
BUY BUY BUYHello team, usdmxn has been moving very well in these zones. looking at a long with a good risk to reward. using H4 candlestick confirmation buyer will come to the party soon
USDMXN BULL prive movement predictionUSDMXN BULL prive movement prediction
usdsgd mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
Learn forex then thought to does earn
USDMXN Long Opportunity...Area of Support!!!From our chart, we can currently see that price level for USDMXN is at the 161.8% fib level. We can see that this movement act as a retest to the trend support level (dotted line) with a potential to see price moving to the upside. Price level is also consolidating near the support @19.8000 price level. I am expecting strong support pressure here and will see it moving towards the trend resistance level (also 100% fib level). Further movement will be confirmed after we see a rejection or a breakout. As of now, I will trade the BULLISH movement to the trend resistance.
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Usdmxn Analysis LongEveryone can see previous Analysis yesterday I said buy opportunity now running profit...... OANDA:USDMXN
Is this the start of WAVE 3 for the USDMXN - target $31 pesos ?After entering at $19.70, now it is time to look for a long term target.
Hopefully this is just the start of WAVE 3, that could move price upward to $31 pesos per USD
Good luck !
USDMXN expect sharp move to the upsideFinal wave to the downside is getting completed after trapping so many buyers in, watch price action for long, wait for a proper bullish candle on 1h chart and add in corrections (bullish flags)
Good luck everyone
Good entry point at $19.70 - bounce from EMA (200 weekly) Historically (past 6 years) price has bounced at EMA (200 weekly), Stochastics is at very low
Hopefully this time can do it again
