50x short on $USDMXN as indicators show its overbought and volume is lacking. Also divergence on price/RSI.
Seguramente hay muchos traders técnicos largos USDMXN, a mi parecer el fundamental indica todo lo contrario y creo que esta volatilidad puede dar entradas interesantes. El acuerdo del NAFTA aunque es una negociación aún sin efectos legales hasta ser aprobada por el congreso, representa un gran avance para las relaciones de México-EUA y elimina el riesgo de un no...
Entering long here - will buy more if we see a further downside action $$$ Targeting higher highs within weeks - eyes at 22 MXN $$$
I am shorting USDMXN. Right now it is moving in the leftist Gann angle where price moves fastest in relation to time. Seasonal data confirms strengthening of Peso (means shortening of USDMXN) until 17.07.
There seems to be the 5 leg triangle forming in this pair, we are however confident of the current sell/short position looking at the monthly chart we have a confirmation candle confirming that reversal. I am unsure yet about labeling the triangle, feel free to advise.
I'm already short, first entry at 20.63400 probably going to add more positions after a clear breakout and retest.
I believe this is a great shorting setup with so many confluences. Our first target will be 20 ema on 4 hours charts and eventually the bottom side of ATR channels.
Look to go long on next good green candle - bounce trade
USDMXN To open SHORT positions for USDMXN , it is required: In this situation our system indicators to confirm trade entry confirmation for movement to the downside AT 19.8000 but if the market trend continues to range this signal will become invalid. Market execution for entry, I will confirm signal once the conditions have been met. Risk Description: Once...
As a trading pair, it looks like it will reach a short positive correlation for the potential of around a between 1 to 2% gains with medium to high risk. Overall, though it is investible on the basis that it will reach its past high point. Also the weekly resistance seems to be getting weaker. It seems investible for long but as a short holding strategy the...
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...
A short trade on USD/MXN pair initiated today. The trade is a long term position, which have the characteristics of carry trade (giving interest of about 4.5% y/y for keeping it) and very favorable risk reward of 1.51.
Extreme short pressure. Take it short now it will crash ! Strong make a donation to my btc address if you gain with this hint ;-)
Great power on short and the clear chart pattern Short it
got signal, wait for still going down,break supp line,pull back close to ress line and 50 ema. short