RF1508

USDMXN going up again?

Long
OANDA:USDMXN   U.S. Dollar / Mexican Peso
Trading often is testing the waters and see what happens.... As I was waiting for the weekly USDMXN to reach the upward sloping trendline.... I missed the entry..... Now I had to wait for a retracement on a lower TF like the H4 to form an inverted H&S. Got in at the right shoulder and am just waiting for the neckline to break and price go up. If it doesn't I'll just wait again for a nice entry to go long.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.