USDMXN BREAKS MASSIVE BULLISH STRUCTURE
Login

USDMXN BREAKS MASSIVE BULLISH STRUCTURE

Estimated Reading Time: 1 minute
Article Rating:
Based on 1 vote
Login to rate this article.

Orlando Gutierrez

Updated:
The UM finished last week very bearish breaking with a mid term bullish structure after rejecting the top of a range that has capped the MXN going lower against the USD.

We´re looking to short this pair at the break of Friday´s lows / Last week´s lows with a tight stop above today´s highs.

Think about taking profits on the next key level around the 19.60 and possible runners to the calculated targets (1.618 retracement of the last bullish wave) around the 19.80

 

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News