USD/MXN
The price that moves within a bullish reaction zone seems to have broken down, however it quickly returned to shoot out above the OB, thereby confirming a false breakout or liquidity grab.
The above is usually the prelude to a strong upward movement, so if you are looking for long positions, the correct thing to do would be to look for confirmation in the minor time frames.
I think in principle I would go to look for the 18.2
The above is usually the prelude to a strong upward movement, so if you are looking for long positions, the correct thing to do would be to look for confirmation in the minor time frames.
I think in principle I would go to look for the 18.2
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