USDMXN Bearish Week

Welcome to my analysis of USDMXN .

Given that the DXY is showing no signs of strengthening, I expect USDMXN to continue its downward move. Entry on the .786 level of the Swing High to Swing Low. Also corresponds with the 50% 15m liquidity candle (24/07 17:30)
I am looking for price to take out the previous lows and will take profit around the 22.000 level.

-Connor-

Zlecenie aktywne:

Wicked in perfectly.

At this stage I tighten my stop loss and will hold the trade till Friday.

Komentarz:

If you took this trade and opened more than 1 position, set 1 TP to 22, and let the other positions run.

Next target is 21.929, then 21.900

Transakcja zamknięta: osiągnięto wyznaczony cel:

Target reached in under 20 hours.

Keep an eye out for more analysis!