USDMXN MARKET ANALYSISUSDMXN idea. Price has been maintaining a steady uptrend breaking previous zones.
MXNUSD trade ideas
USDMXN Bigger Push is coming?Hello Fellow Traders, Here is a Full Analysis on USDMXN.
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
LONG POSITIONUSDMXN ; TECHNICAL
FORECAST:BULLISH
We can see a simple head and shoulder pattern forming on USDMXN pair which we can see price bounce off that support level of (20.5297) zone
with a target around (21.6299) psychological Resistance zone
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USDMXN Bullish SetupUSD getting a more bullish. Here is a possible setup for USDMXN I'm currently looking at.
bearisham looking forward to sell
i have specified on the chart
ill be up loading video to explain why am looking for sell
USDMXN LONGKey areas approached and potential rise on USDMXN to last rejection areas likely. Target seats at 21.5705 and a break of this key price may also lead to potentially more upside moves
USDMXN to the moon!!!Head and shoulders forming on the h4 timeframe and high highs, and higher lows forming on the lower timeframes like the h1.
USDMXN!A possible continuation pattern for an upmove.
It will be interesting to how a weak USD dollar will rise against a possible weaker MXN, mexican dollar.
Trade with care use a stop loss.
USDMXN bUy TrAde (My View)Perfect Trade Opportunity With This Pair::: Fibs For TP 2 & 3... Yellow Line TP 1 ---- SL On Chart:: Start Your Week Right
USDMZN LongSL: Uses Previous Support + Trendline from Daily Timeframe
TP: Uses Bollinger Band (Upper Band) + Area of Resistance from Daily Timeframe
RR: 1.47
USDMXN WILL BE A BUY FOR THIS WEEK.USDMXN WILL BE BUYING THIS WEEK. I SEE A PATERN, FOLLOWING THE TREND LINE AND HEAD AND SHOULDERS. (UPDATED ANALYSIS)
Long setup projectionFollowing the breakout of a falling wedge a retest has presented. This is indication of possible long run to a key level and some retracements as price continues moving to the upside.
USDMXN A very high probality trading opportunity.This pair is now approaching daily and weekly support and resistance level. A short trade from this level would a very high probability trade.
USDMXN Weekly OutlookUSDMXN printed a bearish candle off resistance and formed a head and shoulders indicating likely further downward movement.
Long USDMXN in the next eight hoursUSDMXN has retraced in the last few days.
It has maintained the support on Monday March 15, 2021.
I expect that over the Asian session the USDMXN will recover some of the ground, approaching the recent peak at $20.93. Buy at $20.66, stop loss at $20.63, take profit at $20.80
