USD/MXN

Батыр

New member
May 11, 2012
33
0
0
On the four-hour chart USDMXN shows that rebounding from the lower boundary of the ascending channel, the pair rose to the level of Fibonacci 38.2% of the previous decline. Currently observed a corrective decline of the currency pair, as evidenced by a four-hour stochastics. Line daily and weekly stochastics is pointing up, indicating that at the end of the corrective decline of the currency pair, likely to continue the upward movement of the USDMXN. While growth objectives can be considered, Fibonacci 50% and 61.8%.
 

Gasi Burzhuev

New member
Sep 19, 2015
2
0
0
It's time to stock up on bags, friends. In the future interesting motion can be 20.44. Certainly far, but beautiful!

By the way, the Foundation begins to drive negative for the peso.

I have 25% Grotanol.
 

Батыр

New member
May 11, 2012
33
0
0
On the four-hour chart, USDMXN is seen that after the lower boundary of the rising channel was the first impulse of the price to the 38.2 FIB and then return the correction to the 23.6 Fibo, the opportunity to determine the order of growth of the currency pair with the help of the Fibonacci extension levels. At the moment the price is near the level of FE 61.8 %, which plays a role of support/resistance. Next level 100.0 FE % can be considered as the first target for the growth of the currency pair. However, if the price breaks it, the upward movement of the currency pair is likely to continue to the next level FE 138.2 %, which is considered a very important level for the currency pairs with base currency USD. Daily and weekly stochastics continue to point to a further growth of the currency pair.
 

ruudik

New member
Dec 20, 2018
21
0
0
Good day, traders. The first is the ascending trend of the financial instrument ended 2018.12.06. Since 2019.01.17. a financial instrument is another rising trend. All these events occur below the global peak 2018.06.15. After a rising trend will have a continuation of the downtrend. The layout and terminology borrowed from the trading strategies Mtf Trend Catcher Pro published on this forum: .