USDMXN
After the great short setup in one of my previous posts, I was closely monitoring the price closely.
I drew a trendline after the first wick rejection by the bulls and that formed a basis for my thinking that there could be a possible reversal to the upside.
I have 2 trades currently running, one is close to TP1 target (20.64917) R:R 2:46, and the 2nd position has just been triggered with TP2(20.87723) R:R 1:49 as illustrated.
I drew a trendline after the first wick rejection by the bulls and that formed a basis for my thinking that there could be a possible reversal to the upside.
I have 2 trades currently running, one is close to TP1 target (20.64917) R:R 2:46, and the 2nd position has just been triggered with TP2(20.87723) R:R 1:49 as illustrated.
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