mrsceleste

USD/MXN SHORT IDEA

Short
OANDA:USDMXN   USD/MXN
This trade is for demonstration and educational purposes and does not constitute a signal. Trade at your own risk.
We see price made an impulsive move to the downside and retraced to the 61.8% fib level. For now I am watching for bearish momentum to kick in. Using bars feed tool, I predicted continuation down as noted, which also confluences with trendline at 3 points. If price makes it here, this would be touch #4. '

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