MXNUSD trade ideas
USDMXN(Long)1. Hammer at the bottom
Potential Trend reversal
Price Not being able to
break lower low
2. Long Call
New High low Formed
Entry after Bullish Engulfing Candle
breaking previous High
Stop Loss - 19.75329
USDMXN BUYanticipating BUY on USDMXN, this pair is very volatile, so careful with risk management. Happy Trading !
USDMXN Watch bottom for long Hi there,
USDMXM is setting up for bounce off.
Watch lower time frame for long and look for buy.
Good Luck
USDMXN. NeutralUSDMXN has been in a downtrend since 06/18. This pair must break the trendline and form a pattern to change direction and go upside.
If the trendline is not broken, we can see more movement to the downside.
USDMXN, just buy itIt is operating in a support zone after the peak it reached last week. I see another probable bounce.
USDMXN. Long We have a correction in the price, we can see that this is the second part of the Elliot Wave.
I think we can see an uptrend in the following weeks, this to get a third wave and eventually finish our Elliot Wave Movement.
USDMXN Long - 6233 PipsMy prediction is that USDMXN will go up in the next 2 weeks. Opportunity to make 6233 pips.
Long USDMXN. USDMXN is in an uptrend, and I think we can see this pair go further than 21.00 MXN.
-It has already finished a channel pattern, and this is an absolute buy trade.
USDMXN - EW analysis - B of ABC zigzag pattern USDMXN - It is in correction after completed impulse cycle up. The B wave is in progress as probably the flat like correction.
USDMXN WYCKOFF DISCTRIBUTION ANALYSISTrade Proposal:
There is a probability of first tp to the proposed ( 20.16 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short term goals.
Technical analysis: USDMXN Waiting for the Range Bound and the beginning of the Ascension Trend.
USDMXN....trouble still aheadUSDMXN has failed for now to post a new low and has failed again to break below the 52w ema, that has acted as a support level over the last few years, and formed a double bottom in the process. Using the Wave 4 post-triangle break of 2017-2020 that we discussed before, we could be looking at potential targets of 26.80 or higher in the next couple of years.
USDMXN!It doesnt matter how far it will rise, or how long it will take.
This is the true definition of a sell setup.
Trade with care use a stop loss.
