USDMXN IDEAThe support on the daily is holding pretty well. If it keeps holding then I think it will break out to the upside.
MXNUSD trade ideas
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.
USDMXNLong Call
Bullish Reversal
Higher high and Higher low formation formed
Hammer
Three white crows
Bullish Engulfing Candle
Above candles @ 4Hr resistance line
Trend line @ 4 Hr Candles
Entry Above previous Higher High @ break point
Stop loss Below Lower low
2 Stage Target Setting
Take Entry - 19.904
Stop Loss - 19.796
1 TP - 50% - 20.010 = Entry - Stop Loss
2 TP - 50% - Trailing Stop Loss
USDMXN position longuePossible retournement sur USDMXN, cassure de canal baissier + retest + bougie de confirmation + divergence rsi en 15 min. Possible impulsion en daily.
Diamond Double Bottom with Bullish DivergenceCheck the related ideas below for other still very valid reasons to be bullish on this pair.
USDMXN H1 | Intraday - This pattern is still in the process of forming. Possible pullback price movement towards the resistance of 20.0000 within the next period.
Wedge PatternUSDMXN PESO!!!!!!!!!!!!!!!!!!!!!!!!!!!
YOU WON'T BE IN THE DOGHOUSE LONG....
YOU BETTER STAY WOKE (;
USDMXN - likely shortRight side chart.
Impulse followed by a three-wave pullback.
Continuation to the downside
USDMXNBreaking a steep downtrend its been in for over a year. Looking to buy up and a previous higher swing point before pulling back down/
USDMXN(Short)Short Call
Bearish Reversal
Lower high and Lower low formation formed
Hanging Man
Bearish Engulfing Candle @ 4Hr resistance line
Entry below previous Lower High @ break point
Stop loss above last Higher high
Take Entry - 20.1
Stop Loss - 20.02
2 Stage Target Setting
1 TP - 75% - 19.92
2 TP - 25% - 19.85
WE DON'T SEE THINGS AS THEY ARE, WE SE THEM AS WE ARE.Hi Guys Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
USDMXN(Long)Long Call
Bullish Reversal
Higher high and higher low formation formed
Inverted Hammer
Three white soldier formation @ 4Hr support
Entry above previous higher high
Stop loss below last lower low
Take Entry - 19.9
Stop Loss - 19.89
2 Stage Target Setting
1 TP - 75% - 20.525
2 TP - 25% - 20.1
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.
