USDMXN trade ideas
BullsJust making sure that i can holds this long position High lighted candle is my sizing in position
USDMXN. Long I'm waiting for this correction to finish to place an order to buy in USDMXN.
I think we can see USDMXN near 21.4 - 21.5.
-We have a channel pattern and a correction to the downside, so I'm just waiting for this trend to change direction.
IS USDMXN READY FOR BREAKOUT ? #BLESSEDPIPS HELD GREAT SUPPORT AT THE 0.786 FIB RETRACEMENT , LETS SEE WHAT HAPPENS FROM HERE.
#BLESSEDPIPS
GOING LONG ON USDMXN 1H TIMEFRAMEPrice approached a trendline support with a smaller bullish confirmation pattern to go long...So we buy till the nearest trendline resistance .
USDMXN!We see this pair rising to complete a corrective pattern then the drop will come.
This is a risky trade as it goes against the trend and at any time the trend could resume.
Trade with care use a stop loss.
USDMXN BUY There is a doji on the daily timeframe at the current level, that's my reason for opening a buy position.
USDMXN will go UP!!!It is near a support, I think it will reject and pop back up.
follow this set up for a beautiful 1:5.74 RR
Trade safe:)
Please like and follow if you want more daily signals like this!
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.
Peso down move to 18.80500 (USD/MXN)Very slow market on the weekly with over extended correction on lower time frames. Expecting price to drive down to 18.8000 range before any possible longs
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.
i think its going to break and retest for a long buy it might go down so we should use proper risk management
