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USDMXN

USD/MXN Short Opportunity - Completion of Right ShoulderPrice is currently wicking 61.8% fib level as noted TP zones are areas of liquidity, which also are confluent with TP levels Trade at your own risk Need a mentor, someone to bounce ideas off, or an educational system? Join my team where you get 24/7 support and an educational system. This and more ideas are available to earn money in the markets. Join as a customer at www.imarketslive.com when you refer two customers your monthly subscription is FREE
Short
by mrsceleste
USD/MXN SHORT IDEAThis trade is for demonstration and educational purposes and does not constitute a signal. Trade at your own risk. We see price made an impulsive move to the downside and retraced to the 61.8% fib level. For now I am watching for bearish momentum to kick in. Using bars feed tool, I predicted continuation down as noted, which also confluences with trendline at 3 points. If price makes it here, this would be touch #4. ' To join my team of traders and learn how to trade the markets and get free mentorship from me and other top traders visit www.imarketslive.com Join the platinum package as a customer. Refer two people and there is no monthly subscription. Please also follow me on Instagram and Facebook (link below)
Short
by mrsceleste
USDMXN - The Carry Trade for 2019Each trade I am allowing an 8,500-pip drawdown. I will be looking to scale in and also add in multiple positions when the opportunity arises. The first two levels I'm looking to get involved is 19.0300 sell limit and 18.9500 sell stop order. My final target is 17.4580. This is a carry trade. The estimated calculation for this pair is 1 lot 1 pip $0.55. *Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
Short
by KarYong
2
[USDMXN] FORECASTHello Traders! From a technical point of view, the pair should have completed the impulsive structure (12345), and if our analysis is correct, the next swing should trigger something like a corrective structure (ABC). That being said, we will be looking for some BUY OPPORTUNITY on the intraday chart. NOTE: Later we will also publish analysis and setup on the intraday chart . If you think this analysis can be useful and you want to receive new updates about this idea, click on LIKE button! Thank you for support and trade with care!
Long
by TheAnonymousBanker