Forrestmars

USDMXN Long Idea

Panjang
FX:USDMXN   Dolar A.S. / Peso Mexico
Hello everyone, this week our scaling in trades did not work out. However no need to get discouraged because there is still plenty of money to be made.

From a Weekly perspective the market created a nice M formation and is near the Weekly resistance level from Jan 2017

Also we have beautiful confluence of the fibonacci 0.50 and 0.618 levels.


Our target is the neckline of the M formation which is around the 23.3 Level.

Take care and good luck
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.