jojofang0901

USDMXN Is this the larger HTF structure to reverse the price ?

jojofang0901 업데이트됨   
OANDA:USDMXN   미국 달러 / 멕시코 페소

Hi everyone:

USD is getting strength, and I see a big potential on USDMXN to continue to the upside.

We see the price has form this sideway channel structure, more neutral correction on the HTF.

Latest price action we see a potential double bottoms are forming, an price is getting squeeze in this fallen wedge reversal structure.

Since price already pop to the upside, waiting for the confirmation correction here would be ideal for the next buy move.

thank you
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