USDMXN Setup for a Huge Bearish Breakdown with +40% Downside
The USDMXN has Bearishly Broken Below a Demand Line and backtested it as resiatnce as well as losing the support of the 89 Month EMA; we will now be attempting to crack the BAMM Trigger Line at the level of B and if we break that a Minimum 786-886 retrace would be very likely
Trade ist aktiv:
USDMXN is now challenging the orange BAMM trigger line; if it breaks through the orange line then we should see it begin a much more aggressive move down to deeper retraces.
