USDMXN: descending triangle, opportunities coming!This pair has been making lower highs against a flat resistance. How long can it hold?
USDMXN trade ideas
USDMXN Resistance Long Idea 2.5RR
4h Range, bullish resistance
Same on 1h time frame
Same on 15m time frame
Triple time frame analysis with all the same conclusion. This is a bull's market - looking for a quick 80 pips here while trading in this range. Always use good risk management.
USDMXN, a bullish AB=CD pattern could be materializing A possible bullish AB =CD pattern may be forming in the Mexican peso - US dollar pair.
My hypothesis is that it will return to at least 20 pesos per dollar and then rebound. The most that could fall would be around 19.6 pesos per dollar.
The potential reversal zone (D) coincides precisely with the 127.2% of the fibo and with a level that served as support in mid-February, so a reaction should be expected when it touches it.
You can either go short from here until it hits 20 or wait until it reaches that level to go long.
USDMXN FLYING REALLY?Hello Follower,
Usdmxn ready for long buy. If don't close the 20.60 below, So Upcoming event usdmxn price touch 21.30
Hope you understood through small words what we expected.
Hope our idea help for ur trading.
USDMXN H3 | Intraday - Possible bullish price movement towards the resistance 21.1100 and more within the next period.
USDMXN My ViewThis is what I see what I see from the daily perspective, a small flag formation signaling a potential impulsive move to the downside. I anticipate a long term downwards movement and preferably enter at current market price.
Let me know what you think.
BULLISH MOMENTUMOVERALL BULLISH TREND SO NOW WAIT FOR COME AND TOUCH Trend Continue TO BULLISH MOMENTUM . ONLY FOR MY OPINION
USDMXN ANALYSISUSDMXN broke downtrendline
Price is based above key level at 20.5560
Price is based on HVN at level 20.6670 which indicates that pair is in accumulation phase
MACD shows weakness in bearish momentum
It's expected to target resistance level at 20.9320
USDMZN ShortSL: Previous Resistance
TP: 20EMA or BB (Center Band, 4H)
RR: 2.84
2nd Trade of the day. Good Luck Everyone :)
USDMXN Long PositionLooking at this trade set of a perfect cup and handle formation,
looking for this to break to the upside in a long term trade.
PLEASE TRADE AT YOUR OWN RISK, THIS IS JUST AN IDEA!!!
usdmxn sell ideaconfirmations
- imbalance
- market structure (15min/1hr BOS)
- liquidity
- time
- numbers theory (whole level, area is near whole level)
BULLISH MOMENTUMHELLO TRADER'S THIS IS MY BULLISH TREND ANALYZE . WAIT FOR COME KEY LEVEL AFTER TREND CONTINUE TO UPTREND YOU CAN ENTRY .THIS IS MY OPINION ONLY NO MORE SIGNAL .
USDMXN MARKET ANALYSISUSDMXN idea. Price has been maintaining a steady uptrend breaking previous zones.
USDMXN Bigger Push is coming?Hello Fellow Traders, Here is a Full Analysis on USDMXN.
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
LONG POSITIONUSDMXN ; TECHNICAL
FORECAST:BULLISH
We can see a simple head and shoulder pattern forming on USDMXN pair which we can see price bounce off that support level of (20.5297) zone
with a target around (21.6299) psychological Resistance zone
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USDMXN Bullish SetupUSD getting a more bullish. Here is a possible setup for USDMXN I'm currently looking at.
bearisham looking forward to sell
i have specified on the chart
ill be up loading video to explain why am looking for sell
USDMXN LONGKey areas approached and potential rise on USDMXN to last rejection areas likely. Target seats at 21.5705 and a break of this key price may also lead to potentially more upside moves
