jojofang0901

USDMXN Look for bullish move from the bottom

Long
jojofang0901 Mis à jour   
OANDA:USDMXN   USD/MXN

Hello traders:

Liking the price action on USDMXN for a reversal price action from the bottom.

WE can see overall price action is in this larger, HTF channel structure.

Price is corrective in nature within the channel, and finally we see some reversal price action at the bottom.

Latest price gives us a recent double bottoms, descending channel at the bottom fo the HTF structure.

Last thing I would like to see is a breakout from the descending channel, and look for LTF continuation correction for the buys.

Thank you
Commentaire:
waiting to see what this correction will do, can we get the breakout from there.
Commentaire:
price is breaking out the LTF structure now, look for continuations corrections.

I will NEVER message you to Sell Anything/Service For $.
100% Free Educational Trading Content.
NO Telegram, Discord, Whatsapp & Facebook.
Be Careful of Scammers, Impersonators/Fakers of ME on Those Platforms.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.