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USDMXN 1H - Bear Trend

Short
U.S. Dollar / Mexican Peso (FX:USDMXN)  
kspilot  
FX:USDMXN   U.S. Dollar / Mexican Peso
Trend Analysis signal
1
4
trendanalysis signal
Analysis:

USDMXN-1H is currently in a bearish trend. If the price hits 18.03850 which is Fib retracement level, we can enter in a short trade. For this trade the stop loss will be at 18.20170 which is the previous lower high level.

------ Trade ------
Chart: USDMXN-1H
Type: Short
Entry: 18.03850
Stop Loss: 18.20170
TP1: 17.87530
TP2: 17.71210
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