Dollaro / Peso messicano
Aggiornato

USDMXN - Follow up. Target perfectly hit.

102
We reached the 161.8% Fib projection level which is the ideal termination point for wave 3.
We could go down to 18.90 but in any case, we should start to see price slow down and find support.
So, start to reduce your short positions!

I expect the following move to be a wave 4, which are very tricky and take quite some time to finish.

If we start to see a sharp reversal taking an impulsive look, we then need to look for reasons to buy.


Previous post :
USDMXN - At reversal zone
Nota
Don't hesitate to like and share my ideas
Also, Subscribe to my FREE Telegram Channel for MANY more updates
t.me/em16public

If you have ANY questions, reach out to me through
comments, chat or my Telegram t.me/ewbelgium

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.