On that last push I see two points of interest to kick my shorts and I'll force one breaking under 16.98
I see two possible liquidity points to go through, overlapping a fib using an OTE I would like to see 14.50 before we can make a good push-up again.
This Monthly FORECAST Opportunity for USDMXN. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
The latest data from the U.S. Commodity Futures Trading Commission and LSEG indicates a decrease in speculators' net short positions on the U.S. dollar, coinciding with the greenback's rebound amid reduced expectations of Federal Reserve easing in March. The value of net short dollar positions fell to $9.799 billion, down from $12.7 billion the previous week,...
for a long time, I have wanted to see a cheaper peso. do not trust this much since my conviction is more than my bais.
The USDMXN pair gave us the most optimal sell signal on our last analysis (October 09 2023) and after hitting our 17.0500 target, is consolidating: This consolidation is on 1D RSI terms, similar to September 28 - October 28 2022, when the RSI Triangle broke downwards and with that, the price was detached from the 1D MA50 (blue trend-line) and aggressively...
This Week FORECAST Opportunity for USDMXN. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
BSL taken, unmitigated bullish order block, and inducements which has formed top side liquidity.
usdmxn intraday/scalp buy max 0.25% of capital ! :)
Dollar vs Peso just hit a upward trend.. very likely that it continues up in the short term. Likely scenario for a sideways direction and then maybe a reversal to flat 17.
I have initiated a long position in the USDMXN forex market as the price has reached a significant demand zone. This trade decision is backed by a comprehensive analysis of market conditions, where I have identified key technical indicators and chart patterns that suggest a high probability of an upward movement. The USDMXN pair has shown a clear bounce off the...
I have entered a short position in the USDMXN forex market as the price has touched a significant supply zone. This trade decision is based on a meticulous analysis of market conditions, where I have identified key indicators and patterns that indicate a potential downward movement. By strategically executing this trade, I aim to capitalize on this favorable...
Due to technical and fundamental reasons. I really like this pair to head southSIDE
🟡USDMXN🟡 15 Minute Confirmation Market Execution Sell EP: 17.04307 SL: 17.08850 (454 Pips) TP: 16.92152 (1216 Pips) Risk To Reward Ratio: 2.68
This Week FORECAST Opportunity for USDMXN. This setup trading idea is for intraday. >> TAYOR * This zone still valid. Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.