Looking at usdmxn here i'm seeing a rejection formed with a Bearish OB on the Daily time frame. with Consolidating in a Triangle formation where price has finally broke and closed below this structure.formation At the same time we are breaking A major support area where we can see price continue to drop to the downside!!
This is for information and demo purposes only! please feel free to comment below and let me know your feed back on this or any one of my trade ideas shared!
Disclaimer - past profits don't guarantee future results, trading is risky and you can loose 100% of your account balance! Risk management is critical when you decide to trade in the forex markets
This is for information and demo purposes only! please feel free to comment below and let me know your feed back on this or any one of my trade ideas shared!
Disclaimer - past profits don't guarantee future results, trading is risky and you can loose 100% of your account balance! Risk management is critical when you decide to trade in the forex markets
Comment:
Trade Finally Running +25 Pips in profit .. Moving my entry to breakeven and will allow the trade to run towards our target or stop us out at breakeven (slight profit from positive swap fee's)