LONG - USDMXN (MN WK D) (25 May 2023)
Position Trade/s - USDMXN
- Massive opportunity to go LONG as there are strong arrival candles reaching MN Demand Zone which is FRESH!
Hence, set and forget trades in MN, WK and Daily and Intraday H4
MN Trade/s
- To take entry at MN TF
WK Trade/s
- Take entry at WK TF
- However, price might pierce through re-tested WK demand zone as there were multiple retests
- Hence, WK potential BUY zone is deeper
Daily Trade/s
- 3 potential BUY Zones in Daily TF
- Massive opportunity to go LONG as there are strong arrival candles reaching MN Demand Zone which is FRESH!
Hence, set and forget trades in MN, WK and Daily and Intraday H4
MN Trade/s
- To take entry at MN TF
WK Trade/s
- Take entry at WK TF
- However, price might pierce through re-tested WK demand zone as there were multiple retests
- Hence, WK potential BUY zone is deeper
Daily Trade/s
- 3 potential BUY Zones in Daily TF
Comment:
Put PENDING BUY orders on 26 May 2023 in MN, WK and Daily TFs.
Trade active:
Orders were triggered. Let's see where this takes to.
Trade closed: stop reached
Comment:
A new analysis will be done for this pair