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Revaluation on TACO

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USDMXN Here is my new markup. Looking to be bearish. A stronger sniper entry supported by multiple timeframes, liquidity buildup at the bottom of the chart, a nice healthy gap in price and a possible break and retest of structure.
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Some divergence is also seen and this trade is RR is 1:3
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trade's*
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Correction this trade is 1:4 and currently about 500pips in profit
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syot kilat
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I see TACO reversing to correct its down word movement, but stay staying bearish long-term. A new low and divergence was created backing my theory.
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Stop loss was hit on Trade 2 (I was greedy and went against the trend, I know rookie move) over trade still in BIG profits. syot kilat
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TACO corrected its self a little later than I thought, but it was expected. Possible SELL entry supported by pivot indicator, a major sup/res area and divergence. Creating a sniper opportunity for us. syot kilat
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re-entryTrend Analysis

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re-entryTrend Analysis
CHASEITTRADING
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.