Wolf

[USDMXN] New Pattern Formation

FX:USDMXN   Dolar A.S. / Peso Mexico
0
When the very end bullish pattern broke when it hit an important Fibonacci level which was at 14.93, it began breaking a series of support trend lines, each one making a pullback and then going down.

In the last yellow trend line, it tested the the pullback trend line twice, and it still went up and this is because it has to follow the new downtrend, however, this might be the last test before confirming to go down.
Penafian

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