USDMXN long retracement; Sellers are getting exhausted as seen by the CCI indicator, the price is at a strong support level and the down fractal indicates a bullish trend.
Hi Traders, Have a look at this idea and see how it can fit into your plan. Good luck! Fibz
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I see a bullish divergence at macd signal line on daily chart!!! Profit Targets: 18,86 18,97 19,13 Stop loss: 18,63 Have a nice day, Berk.
I see some bull divergences. Profit Targets: 19.22 19.34 19.44 19.54 19.68 Stoploss: 19.02
Whats up traders? How is your trading week going? Im currently looking at the USDMXN pair for long opportunities. Our stop loss is under the last swing low and take profit is very high for because im looking for a longterm trade. If something does change or i take profit earlier - i will keep you guys updated here. Wishing everyone success and a great weekend!
OANDA:USDMXN 19.24 - Buy 19.09 - sell Simple as that. Pipdified.
So the short position a few weeks ago went beautifully, you can check on my profile. We arenow looking for reversal
Due to stochastic and wave trend analysis, i see this pair bullish right now. Profit Targets: 20,08 20,16 20,25 Stoploss: 19,8 Have a nice day , Berk
Hello Traders, First and foremost, I’m net bullish the USD and as such, I will be buying whenever there is an undervaluation at any USD pair in our entry chart. So, the Peso being one of them means I shall be continuously looking for loading points in the 4HR chart. Taking a top down approach, we are seeing hints of higher highs in the USDMXN weekly chart where...
I think with every low USD prints today, you should look to buy. After all, MXN is a little bit over-valued with two whole candlesticks below the lower BB.