OANDA:USDMXN has being on a uptrend roller coaster for the past few days and being showing sings of fake breakout but it's best to wait for the breakout and let it retest the trend line to be sure the uptrend is over. ____________________________________________________________ Traders! support this idea by giving it a thumbs up and HAPPY TRADING.
Descending channel broken and retested, entry when conditions specified on the chart are met
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !
The price is below the moving average of 20 MA and MA 200, indicating the downward trend. MACD is below the zero level. The oscillator Force Index is below the zero levels. If the level of support is broken, you shall follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 19.4900 • Take Profit Level:...
Here are the key factors to keep in mind today for US Dollar trades: US JOLTS Job Openings: US JOLTS Job Openings for August a predicted at 7.191M. Forex traders can compare this to US JOLTS Job Openings for September which were reported at 7.217M. US Wholesale Inventories and Trade Sales: US Final Wholesale Inventories for August are predicted to increase by...
Priceline of US Dollar / Mexican Peso Forex pair is forming a bullish CRAB pattern and soon it will be entered in potential reversal zone insha Allah. Volume profile of complete pattern is showing less interest of traders here RSI is oversold But MACD is strong bearish and Stochastic is oversold but did not give any bull cross sofar, so I would suggest when the...
OANDA:USDMXN ----------->Details on the chart. Pipdify, Tamilkumar
OANDA:USDMXN - Sell ||Details on the chart|| ||Pipdify|| Tamilkumar
OANDA:USDMXN -----> Details on the chart. Pipdify Tamilkumar
OANDA:USDMXN 19.24 - Buy 19.09 - sell Simple as that. Pipdified.
OANDA:USDMXN Intereested in long term swing trade.Here it is.... Details on chart.With Head and shoulder confirmation and Unable to retest. If it breaks the neckline chart will be invalid.Wait till tuesday and enter. Pipdified.
Details on chart - Trade active FOREXCOM:USDMXN
If you missed the buy opportunity of USDMXN at the bottom of the wick that touched the trendline, well dry your tears for you can short at the channel retest with a good return of 1400 pips if it gets to our TP of 1.90000 psychological handle. Watch PA closely, if the bullish momentum is strong enough to incise the channel, this trade will be invalidated as...
USDMXN broke out of the one month long consolidation, we now have a possible bullish reversal and we can try to catch this retest for a long trade in the kill zone as shown in the chart above. Target one is as shown in chart but there more upside if we break above that level as well
So the short position a few weeks ago went beautifully, you can check on my profile. We arenow looking for reversal
USDMXN, has multiple resistance levels that has only been tested two times. If the upper resistance line continues to hold, I would expect the bulls to sell off and the bears to step up. -StampsFX
Looks like rally started. I think the direction will be up. Don't forget to do your risk analysis.
USD/MXN 1H Chart: Trades near weekly S2 The American Dollar has been losing value against the Mexican Peso in a small descending channel over the last two weeks. However, two days ago this pattern started to transform into the falling wedge formation amid the pressure from 55- and 100-hour SMAs. As downside momentum from the yesterday’s FOMC Meeting Minutes...