GBPMXN ShortGBPMXN is now net short on the regression break.
I am taking trades in the current market. (Waiting and Watching)
GBPMXN LONG OUTLOOK BULLISHstarting from a 3 month view of currency pair and dissecting it to monthly and lastly the weekly chart. Outlook is showing some support and is showing potential move to upside as you can see from analysis where my support and resistant areas are also trend channels, what do you guys think?
GBPMXN LongGBPMXN is now net long on the regression break.
I am considering my options on this pair.
GBPMXN ShortGBPMXN short on the regression break - It has failed to make new highs on the previous break.
I am considering my EA to enter on this pair.
GBPMXN LongGBPMXN is now net-long on the regression break.
GBP pairs are winning on most cross.
I am reviewing this trade.
GBPMXN - SELLSelling only after the break under the HMA and 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**
gbpmxn both side move possiblegbpmxn both side move possible
selling below the 20.8971
stoploss 21.2327
target 19.9504
buying above the 21.2327
stoploss 20.8971
target 22.0450
GBPMXN (Long)Potential Long Entry
Dow Theory In Place - Higher low Higher high formed.
Candle Sticks Pattern - Bullish Engulfing candle at the bottom
Bearish Trend Broken.
Price Getting reversal from Resistance Levels
(Watch out your levels)
Risk to Reward
TP 1 - 1-1
TP 2 - 1-1.5
TP 3 - 1-2
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.