Waiting for clear break to either direction! good trades coming both sides look likely
waiting for a clear break (continuation, volume, strength) to either side to climb into
USDMXN trade ideas
Will the USDMXN have escape velocity to break 20.77?Again, our favorite FX pair is the USDMXN....we follow it closely. The currently path upwards has first resistance at 21.77...tried once to break it and now has a second time to do it. We think it eventually breaks to the upside. The bottom is in!!!
USDMXN - LONG SWING SETUPOn the daily timeframe market has broke out of the downtrend and started to form new bullish structure. Also on the daily timeframe we can see market has recently made a nice bullish impulse followed by a correction, now we are expecting the continuation to the upside and another new higher high high to form from a daily perspective... we will be waiting on the 4hr timeframe for rules to be met before entering a nice long.
24th feb post analysis looking back on the day, created a YouTube please subscribe - smart money daily
Bullish symmetric triangle sHello team. we have located a continuation pattern on a break and retest of structure. possible entries could be. waiting on a break and retest. please leave a comment
BUY BUY BUYHello team, usdmxn has been moving very well in these zones. looking at a long with a good risk to reward. using H4 candlestick confirmation buyer will come to the party soon
USDMXN Bullish idea that might tempt meWaiting for 20.846 to break and turn support for get the momentum sweet spot.
Weekly trend indicated in Bold vs 8hour levels and trend.
MARKET STRUCTURE||MARKET OUTLOOKAll things being equal, the banks will sell massively (900+ pips) from that 4hr supply level that ive marked with a red box to the next 4hr demand marked green.. The bias will only be violated if a new demand is created just before the supply to take out the supply before moving higher to create newer highs,
22/02/2021 (London open) Looking for potential entries out for the day and predicting where the markets could go this week :)
USDMXN ~ Daily time frameWhat's up:
dollar bout to go lower before it rises, watch lower time frame for this week sell off
good-luck
USD/MXN potential H&SPotential buy above the highs of the first of February. Stop under the right shoulder.
not the cleanest pattern, but still a pattern ;)
USDMXN: bearish rising wedge crushing down soon! Sell Now! Huge sell opportunity. This one alone can make your monthly P&L. Manage risk properly
