USDMXN BULL prive movement prediction usdsgd mine own perspective so what's your consideration on the price movement please comment in the below section ? I believe that. So what is your expectations in comment below. So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan Learn forex then thought to does earn
Possible Cup and Handle Pattern Target $20.85
Last week I attempted to short the usd/mxn and it didn't work out to say the least. This week I am back for more. The trend is still bearish and we are still below the midpoint of the range (rectangle). Selling here or higher with a stop above todays high at 20.4000. Hopefully the spike up marked the top and there will be continuation to the downside over the...
After observing price is finding resistance at $20.00, and Stochastic indicator is at a level of 92 (pverbought), price might move downward to a lower low, probably $19.50 I am personally entering a short position STOP LOSS $20.02 TARGET 1: $19.70 TARGET 2: $19.60 TARGET 3: $19.50 Not financial advice, do your own research...
USD/MXN has been in a range since early December but I think its getting ready to breakout to the downside. As long as price stays below 20.0000, I could see a move all the way down to 18.5000 near the pre covid lows. I think the FED has been clear about its policy and any reflation should positive for the peso. The move in crude oil should also be a tailwind.
we are at a demand level on the daily, banks are coming to pick up unfiled orders
From our chart, we can currently see that price level for USDMXN is at the 161.8% fib level. We can see that this movement act as a retest to the trend support level (dotted line) with a potential to see price moving to the upside. Price level is also consolidating near the support @19.8000 price level. I am expecting strong support pressure here and will see it...
After entering at $19.70, now it is time to look for a long term target. Hopefully this is just the start of WAVE 3, that could move price upward to $31 pesos per USD Good luck !
Final wave to the downside is getting completed after trapping so many buyers in, watch price action for long, wait for a proper bullish candle on 1h chart and add in corrections (bullish flags) Good luck everyone
Historically (past 6 years) price has bounced at EMA (200 weekly), Stochastics is at very low Hopefully this time can do it again
Real-Time Algorithmic Trading Signals. Stay curious
All the entries should be applied if all the rules of trade are applied comment us for detail view and understanding
My analysis is a simple levels and trend. As the price is going down it has respected every level so far and it should continue down doing so.