USDMXN on daily have been respecting trendines until price broke above the trend line after 5 elliot waves and turns a takeout of the breakout on daily, we can see price back ranging inside the know channel
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Potencial short entry for this pair, looking at a H4 chart
İşlem aktif
Sell limit order already active and running +60 pips
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USDMXN already moving +170 pips in profit, at this moment protect your trade moving SL at the entry price, this will make a risky free trade. TP right at the 0.618 price
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USDMXN after presidential election price jumped close to the last resistance. Sell from that high
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Potencial Head and shoulders pattern to reentry the shorts
İşlem aktif
Reentry running on proving from last update, always important to look at the big picture and structure on bigger timeframes
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