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MASSIVE CUP AND HANDLE IN USD/MXN

Panjang
FX:USDMXN   Dolar A.S. / Peso Mexico
My ideal opening in my previuos chart didn´t hit. An ideal opening would´ve been 19.40-19.80 ish. But as you can see, the daily chart shows a massive cup and handle so I believe an opening right now would be very profitable specially when the new Mexican president is taking over tomorrow Saturday, December 1st. Being a very controversial person, it is almost a certainty that the MXN is going to take a massive hit maybe all the way up to 22. On the other hand, the MACD looks weak, thats why your stop loss should be at the 0.5 support. Stay safe.
Penafian

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