Buy opportunity Rectangle top
Nice looking buy here
Wait for a valid retest on higher time-frame before buying in
-LarenzoYouDork 💔
USDMXN trade ideas
USDMXN SELLThe fifth wave is over, start shorting, the beginning of the second sub-wave of the fifth wave of the first target.
Just watch these two lines.Keep it simple, watch the long-term downtrend and 180 days moving average.
Watch the Dollar Index and Mexican Inflation.
This one could turn bearish quite fast.
UnbiasedOpen Idea pending for next week
Check back for a trade opportunity
50EMA just crossed over to the upside so I would prefer a breakout to the upside
I'll wait for a confirmation before entering
-LarenzoYouDork 💔
USD~MXN POSSIBLE MOVESThe dollar showing great increases, price impulsively short to the upside we missed first entry positions but we can wait for price to print out some kind of continuation pattern like a flag or falling wadge this will be a beautiful long opportunity to be in, so lets give the market time to print out exactly what we looking for in order to profit from this pair.
USDMXN potential upsideUSDMXN has broken the double bottom neckline and looking to make new highs to the upside. It is only a Buy when price action does not break the previous low and bounces off the flip zone to the upside. Trade with care & good luck.
✅USD_MXN SHORT FROM RESISTANCE🔥
✅USD_MXN went up sharply
But a strong resistance level was hit
Thus I am expecting a pullback
And a move down towards the target
SHORT🔥
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USDMXN BUY SetupStill waiting on a decent setup on this beast. It's coming.... See HTF for huge trend line liquidity & possible huge up move
Following the tendency We can se a clear brake of year of bull market.
this is validated with the devaluation of the dollar currency.
USDMXN(Long)Dow - Bullish
(Higher low - Higher high formed)
Candles - Bullish
Bullish Engulfing
Trend - Bullish
Support & Resistance - Bullish
Price Bouncing back from Daily support
Divergence - NA
USDMXN is favouring the upsideUSDMXN reached a strong support level around the round level 19.80000 giving us a divergence with the RSI and shot up almost immediately. Our target was the next resistance zone around the round number 20.10000, but after reaching the round number 20.00000, it gave us a pullback to the round number 19.00000 and now continued in it's previous direction, we should be targeting the round number of 20.10000 if the round number 20.00000 can be broken significantly FX:USDMXN
USDMXN Short Swing Trade Set UpUSDMXN has broken the trendline on the weekly and monthly chart. Currently price is retesting the break. Looking for price action to show rejection to the downside in the sell zone for entries.
💰TRADE OPPORTUNITY💰
PAIR:USDNXN📉 SELL
Entry Zone: Near 20.24000
Stop Loss: CLOSED 4HR candle Above 20.50000
Take Profit Zone: TP 1: 19.80, Swing target 19.00000
(Risk %: 1-3%)
Risk/Reward:1:1.7, Swing 1:5
*Our services include products that are traded on margin and carry a risk of losses. The trades may not be suitable for all investors. Please ensure that you fully understand the risks involved. Trade at your own risk*
USDMXN LONGHello traders, according to my graphical analysis of USDMXN, i prospect an upward trend .
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buy usdmxn setup analysis: strong demand zone - fib 1.27 level on daily tf - bullish divergence - double bottom on 1h chart
USDMXN LongUSDMXN just bounced from the weekly support and making a double bottom on RSI on Daily time frame.
it should hit around the mention TP of 20.4 area.
KEEP SL below the line
Keep watching ..!
Follow for more ..!
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✅USD_MXN GROWTH AHEAD|LONG🚀
✅USD_MXN is about to retest a key structure level
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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USDMXN SHORTHello traders, according to my graphical analysis of USDMXN , there is a high probability of a decline towards support level showing on the chart .
thank you for watching the analysis, it will be great when you support it with a like, follow me for more market analysis.
USDMXN LONG POSITIONthis week we have had more stops than normal, but when looking for ratios with higher profit per trade we can be calm, in this case the Mexican peso reached a liquidity zone where it could rebound strongly, if it breaks the channel it would have even better confirmation, but I go to buy directly
USDMXN BUY SetupPossible big buy incoming. Lots of trend line liquidity as a nice cause for higher prices. We are reacting from an extreme POI & now retracing after breaking significant highs. Time to drop down to the small TF & find some entries.
If it does continue to fall then I will still see it as a liquidity sweep & will again be focusing on the buy setups that would follow.
Trade safe & good luck :)
USDMXN 22nd MARCH 2022Seen on USDMXN D1 chart looks bullish pinbar, there is a possibility that a bullish trend if today's market closes there is a bullish candle after the pinbar candlestick.
Then we see from COT reports, MXN currency : non-commercial started adding short positions, while long positions decreased a lot. the impact is the change in MXN sentiment becomes weaker.
