11,200pips shorting opportunity on the USDMXN + SHS
I'm seeing interesting setups everyday, one of it is on the USDMXN.
On the big picture Weekly , there is supply and there's demand. My action plan is to look for shorting opportunities once price test Weekly supply, probably set 3 target profits on the way down.
Moreover, those who practice price pattern trading, I think that's a Shoulder-Head-Shoulder formation.
Coincidence? No, it's confluence. Core fundamental of price movement is supply & demand. I'm just using a methodology of price action to trade the market.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.
On the big picture Weekly , there is supply and there's demand. My action plan is to look for shorting opportunities once price test Weekly supply, probably set 3 target profits on the way down.
Moreover, those who practice price pattern trading, I think that's a Shoulder-Head-Shoulder formation.
Coincidence? No, it's confluence. Core fundamental of price movement is supply & demand. I'm just using a methodology of price action to trade the market.
If you are applying Supply & Demand methodology in your trading plan, or mere interest,
Be sure to follow me on Tradingview and share your views.