17.12.2021
The overall trend is ascending. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator.
USD/MXN rate online: monitor the price movement in real time.
Trading idea:
Buy when the ascending wave pattern is formed, where the wave (A) breaches 21.086 (pivot 2 of the C wave).
Stop loss is below the local minimum of the descending pattern.
Target levels – 21.500; 22.000.
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