USDMXN trade ideas
USDMXN on a spicy level 🦐USDMXN is currently testing a weekly support.
The price is trading above an ascending trendline with some retracement to the upside for a test of the 0.5 and 0.382 Fibonacci level.
According to Plancton's strategy if the price will break below the structure we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
USDMXN top-down analysisHi Guys, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis video. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover my next analysis.
Also let me know your thought in the comment section what you think about this pair.
USDMXN ForecastUSDMXN Bullish H1
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Khiwe
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
Clean DirectionAccording to our analysis it has a formation to fall, wolves🔥
There is a flag pattern formation on MXN.
The price is in a consolidation now. Multiple times it bounced from the support and resistance zones.
So huge impulse after breakout is expected.
Follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".
Weekly Hedge Position Idea Usd/MxnHere you can find my weekly trade ideas.
I have an unconventional style, you should know that before you look at my ideas.
All trades amount to Fundamental, Economical, Mathematical, - Technical information.
Every week on Sunday there is an update because new information is published over the period. Depending on how these end, the trade is either closed "early" or it continues on its way towards TP (Take Profit)
CRV (opportunity-risk ratio) is ALWAYS 1 to 3, (slight percentage deviations may occur, as entry and exit are calculated per volume)
Trading style includes hedge and trend based swing trading and position trading approaches. (estimated duration of swing trades: 2-6 weeks, position trades: 2-8 months)
You are welcome to take over the trades if you want. But I would recommend you to bring your own experiences with you and use them. The trading style does not suit everyone and that is absolutely normal. You can also break the trades down to the smaller time Frames.
Enjoy and take what you need.
Have a good and successful week!
Please Only Take this Trade If you Have a Positive Swap on Short Positions at your Broker. This Trade also Includes Swap-Trading!!!!!!!