Usdmxnlong
DOS ESCENARIOS DIFERENTES - BUY USDMXNDÓLAR CONTRA PESO MEXICANO TIENE DOS ESCENARIOS POSIBLES EN AMBAS LO VEO CON POSIBILIDADES DE SEGUIR AL ALZA DEBIDO AL INICIO DE LA TENDENCIA, PUEDE RECHAZAR LA ZONA DEL NIVEL 0.618 DE FIBONACCI PARA TOMAR COMPRAS . O IR AL ALZA EN ESTOS NIVELES ACTUALES. MANEJAR EL RIESGO DEBIDO A LA ALTA VOLATILIDAD. FX:USDMXN
UsdMxn- a new rise to 22 zone is very probableThe 21 zone is strong support for UsdMxn and also the drop from 21.80 is contained in a falling wedge pattern
I strongly believe that 21 will hold and a break above the descending trend-line of the wedge would accelerate losses for Mexican Peso.
A buy trade for this pair could have a 1:3 R:R
USDMXN: Big Bullish Movement... Good Buy Opportunity!!We managed to see a crucial retest from 61.8 fib level for USDMXN. A good exotic pair to enter a BUY trade as we see it heading towards the resistance level @23.2200. As we starting seeing USD gaining strength, I believe price level could break 23.2200 resistance and head towards 1.618 fib level where we starts to see strong resistance pressure which we could potentially see a fall from there retesting 23.2200 and heading for the next resistance at close to 25.0000 price level. As of now, I will trade the BULLISH opportunity but do watch out for possible rejection at 24.0000 price level.
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USD_MXN STRUCTURE LONG|
USD_MXN IS TESTING CHANNEL RESISTANCE AFTER DISREGARDING HORIZONTAL STRUCTURE
(1) Horizontal resistance disregarded. The channel lines were perfectly respected
(2) IF breakout is confirmed>>>
(if candle closes ABOVE the level)
(3) Long up to the next resistance.
(4) If not, a short looks good.
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USDMXN Buy Trade Setup for Intraday/Swing TradeUSDMXN Buy Trade Setup for Intraday/Swing Trade
Please manage your risk. Use Stop loss. And do not take blind entries.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
USD MXN LONG POSITION
POSICION SWING
POSICION EN LARGO EN USD MXN ROMPIO TENDENCIA BAJISTA RETESTEO EN LA LINEA DE TENDENCA TANTO EN 61 DEL FIB PARA IR BUSCANDO COMPRAS DESDE ESA ZONA CON UN STOP MARCADO COMO EN EL GRAFICO Y UN POSIBLE TP DE 1 5 SIEMPRE IR ASEGURANDO POSICIONES DESDE EL TP1 R RIESGO BENEFICIO 1 2 ASEGURAMOS BENEFICIO Y STOP LIBRE DE RIESGO.