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
GBP Weak MXN Strong- Up trend almost finish (wait for the confirmation on breakout)
- New trend (downtrend)
- Fibo 61.8 entry
- Important support on low points
- Descendent triangle
Possible Trade in Progress - GBPMXN - LONG - #QuickPips #ForexHi Guys,
As usual, i'm posting my trade setups as i seem them occurring. I'm not in love with this current setup, but i think it has potential, so let's see how it all pans out.
Onto the TA:
We've currently at support at S1. As you can see it's been used historically as support via the green ci
HOW TO TRADE LIKE THEM REVERSAL PATTERN #6 nested failure Here we have a nested failure pattern it contains a swing and a pullback that fails 2x to go higher. The target is the fist leg length as a measured move. This pattern is seen on all times frames the psychology is the bulls or bears try twice and after the second time they give up the confirmation
GBPMXN movement expected
GBPMXN 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
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Displays a symbol's price movements over previous years to identify recurring trends.