USDMXN TRADE IDEA

٩ يناير ٢٠٢١

After a long bearish trend we are beginning to see an inverse head & shoulder pattern which is quite visible on smaller timeframes from 4hrs going downwards. This might be an early signal of a beginning of an uptrend. This idea could be highly valid if we can consider the fact that price bounced off the 200EMA on the previous weekly close.

١٣ يناير ٢٠٢١

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