USDMXN: A Swing Long Opportunity from the Bottom
-Introduction-
USDMXN has arrived at the support area of 19.600 ~ 19.800. This is a strong support level, as we can see many times the price has bounced up from this level. Observing closely in daily chart , we could see that before a bounce from the support area , almost all prices formed a kind of a bullish candlestick pattern. After the bounce, we could spot price moving in a range for about two to three months. Therefore, we will be looking for buy opportunities from the support level .
-Trading Plan-
From the support level, the price has formed several doji stars. We can also spot a bullish divergence in RSI. Therefore, we have entered our swing long entries.
Check out our previous USDMXN trading plan below :)
USDMXN has arrived at the support area of 19.600 ~ 19.800. This is a strong support level, as we can see many times the price has bounced up from this level. Observing closely in daily chart , we could see that before a bounce from the support area , almost all prices formed a kind of a bullish candlestick pattern. After the bounce, we could spot price moving in a range for about two to three months. Therefore, we will be looking for buy opportunities from the support level .
-Trading Plan-
From the support level, the price has formed several doji stars. We can also spot a bullish divergence in RSI. Therefore, we have entered our swing long entries.
Check out our previous USDMXN trading plan below :)
交易進行
Buy Entry: 19.81151st target: 20.1800
2nd target: 20.4500
SL: 19.5200
1% risk
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。