USD/MXN Possible Short

26 Nis 2020

USD/MXN Multiple Time Frame Technical Analysis:

Forecast Scenario:
1- If the Price Completed the Retest of the 25.40 (- Resistance Level -) and broke below.
2- If the Price broke below from the current point 25.20 (- Major Support Level -) with a retest.

-- The Price is supposed to hit the Target Level 1 within the range of 24.50 -- (-- Normal Risk --)
-- The Price is supposed to hit the Target Level 2 within the range of 24.00 -- (-- Normal Risk --)

Important Observation:
The USD is on the rise in most of the Commodity Pairs which may result in a possible stall at the high level of 24.50 and even a failure of confirmation.

Trade Wisely

Note:
- These Forecasts are Observational Forecasts, and should not be used in applying any trading strategies.
- No Hedge Funds Analysis were included in the analysis. (-- Please Consider --)

27 Nis 2020

İşlem aktif

Skipped Confirmation.
Position Opened.

28 Nis 2020

İşlem aktif

First Target Reached.
Waiting for Second Target

29 Nis 2020

İşlem kapandı: hedefe ulaştı

Second Target Reached.