USDMXN 1D Bullish divergency Resistance level LONG
This analysis is based on the idea of significant historical price levels and RSI divergency seen on 1D chart
This level of price has been previously reached in April 2018 and now after 5 y there is a high possibility of the reaction, check out the RSI bullish divergency, I think this is a good time for a long position at least till price hits circ. 18.64, with an option to close 50-75% position and see if it goes higher minimising the risk, but it's just my idea not a trading advise, trade carefully place a s/l that won't be heart breaking :)
This level of price has been previously reached in April 2018 and now after 5 y there is a high possibility of the reaction, check out the RSI bullish divergency, I think this is a good time for a long position at least till price hits circ. 18.64, with an option to close 50-75% position and see if it goes higher minimising the risk, but it's just my idea not a trading advise, trade carefully place a s/l that won't be heart breaking :)
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.