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CHASEITTRADING

Revaluation on TACO

Short
U.S. Dollar / Mexican Peso (FX:USDMXN)  
CHASEITTRADING Updated   
FX:USDMXN   U.S. Dollar / Mexican Peso
Trend Analysis re-entry
5
1
trendanalysis re-entry
USDMXN Here is my new markup. Looking to be bearish. A stronger sniper entry supported by multiple timeframes, liquidity buildup at the bottom of the chart, a nice healthy gap in price and a possible break and retest of structure.
Comment:
Some divergence is also seen and this trade is RR is 1:3
Comment:
trade's*
Comment:
Correction this trade is 1:4 and currently about 500pips in profit
Comment:
Comment:
I see TACO reversing to correct its down word movement, but stay staying bearish long-term. A new low and divergence was created backing my theory.
Comment:
Stop loss was hit on Trade 2 (I was greedy and went against the trend, I know rookie move) over trade still in BIG profits.
snapshot
Comment:
TACO corrected its self a little later than I thought, but it was expected. Possible SELL entry supported by pivot indicator, a major sup/res area and divergence. Creating a sniper opportunity for us.
snapshot

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