MEXICAN PESO STRUCTURE LONG|

16 Tem 2020

USDMXN is in the downtrend and is currently trading in a small triangle.

TRADING PLAN:

Long now from the triangle support. Great risk reward and 50% probability.

I trade longs ONLY on such pairs due to the expensive interest rate spread, which in the case of being long peso, is working in your favor.

3 targets correspond with the local levels, SL below the support.

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Have a nice day!

17 Tem 2020

Not

Target 2 reached

20 Tem 2020

Not

Target 3 reached!