ShortLarge running flat and a confirmation.
Stop loss tight, just above the h1 flag
May drop hard
Trade safe
USDMXN trade ideas
USDMXN 05/10/2022Weekly:
-H&S pattern.
-Bearish W pattern.
-IC.
Daily:
-H&S pattern.
-Bearish W pattern.
-IC.
4H:
-Bearish W pattern.
USDMXN LONG Looking at the Weekly and 4hour timeframes, the dollar Mexican peso continues to soar gradually and we should get a retest of the most previous supply at 20.50- 20.56 zone, which is our projected target before we get any significant reaction
The USD/MXN is up on Thursday amid a stronger US dollar across the board. The pair is trading at 20.07, at the highest intraday level. Wall Street is turning from neutral to bearish, favoring the greenback.
On the upside, the immediate resistance is seen at 20.10. A consolidation above could point to further gains and a test of the critical area between 20.17 and 20.20. A daily close above 20.20 would be a positive technical development suggesting more gains ahead, targeting the 20.45 area.
Our projected target is 20.50 given all these factors
USDMXN It is now the perfect time to buy this pair
the zone have been broken and the price needs to come back and retest the zone before it continues going up
tp ans sl provided
USDMXN- 2 MONTH (2 BAR RETRACEMENT)Channel breakout on 4hr confirming high TF Analysis of 1 Week Range breakout
Buy at 4 hr Triangle Breakout
USDMXN is setting up for breakout Watch bottom for long Hi there,
USDMXN is setting up for breakout. Watch bottom on lower time frame and look longer term buying.
Good Luck
USDMXN | ShortWe look at this currency pair from another point of view this time;
This currency pair has been moving in the side area for about 48 days, so we can predict that this side trend will continue.
what do you think?
USDMXN | LongThe USDMXN currency pair has approached a strong support zone by continuing to fall, and after that, signs of reversal can be observed.
what do you think?
USDMXN 15/09/2022Monthly:
Inv h&s
Monthly lows
Weekly:
Bullish M
inv h&s
Daily:
inv h&s
4H:
Bullish M + inv h&s
2 IC to protect the price as well
I put my sl bigger as usual because of the higher spread excotics have
Winning Trade 3 of Phase 2FX:USDMXN
Bullish Bias, Price is at the bottom of the range of
the daily timeframe. And is also a monthly
Support/resistance zone.
Sell ideaBlue three waves - may constitute the completed zigzag (a complete correction), and it is a bearish pattern.
Although, a complication is possible, where wave B will be a triangle, followed by a terminal wave up before the trend continues to the downside.
A pattern with the triangle in wave B (a zigzag) can be easily found in a recent price action of EURUSD, will show in the comments section,
trade safe
usdmax potential short breakout outlooklooks like usdmxn could break to the downside, if it breaks out we will execute a trade and make money as it goes down.
MXUSDFailed to make a new high so I looked for some OB's that havent been mitigated yet.. price touched the highest ob and reversed! lets goo
USDMXN | LONG ABOVE BREAKOUTUSDMXN has finally broken above the channel. The bulls need to sustain the price above the broken resistance zone .
The bulls are in complete control.
Trade your levels accordingly.
USDMXN Consolidation until the next break upwards.The USDMXN pair has been one of the better range pairs to trade in the market throughout the past 2 years. At the moment it is consolidating within the 1D MA50 (blue trend-line) and the Higher Lows trend-line. The 1D MA200 (orange trend-line) is the last line of Resistance, on the Lower Highs (2) trend-line, before a jump to Lower Highs (1).
The 19.800 symmetrical Support is holding and this resembles the April 20 - May 30 2021 fractal so far, which made an aggressive price jump when the 1D MA200 broke.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
USDMXN (Short)Potential Bearish Trade
Theories in Places
Dow - Lower low and lower high in place
Candle Sticks - Three Black Soldier formation at the Top
SL & TP levels are Defined
