USD/MXN
Long

USDMXN ABOUT TO ROCKET UP! (3 Confirmations)

238
Regular Bullish Divergence:

Price is making a higher low(HL) and the stochastic oscillator is making a lower low(LL) which is normally found at the continuation of an uptrend. I will be watching for price action to see if USDMXN will reject off of this trend-line.

Priceline is also at the "Golden-Zone" fib retracement, which makes a total of 3 confirmations for this buy position.

1. Bouncing off of current bullish trendline
2. Regular Bullish Divergence (Stochastic Oscillator) which shoes continuation of uptrend
3. Hitting "Golden Zone" for fib retracement

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