USDMXN back inside the channel

١ يوليو ٢٠١٨

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

٢ يوليو ٢٠١٨

ملاحظة

Potencial short entry for this pair, looking at a H4 chart

٢ يوليو ٢٠١٨

تم فتح الصفقة

Sell limit order already active and running +60 pips

٢ يوليو ٢٠١٨

ملاحظة

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

٢ يوليو ٢٠١٨

ملاحظة

USDMXN after presidential election price jumped close to the last resistance. Sell from that high

٢ يوليو ٢٠١٨

ملاحظة

Potencial Head and shoulders pattern to reentry the shorts

٣ يوليو ٢٠١٨

تم فتح الصفقة

Reentry running on proving from last update, always important to look at the big picture and structure on bigger timeframes

+660 pips on profit so far.