USDMXN: Uptrend active

USDMXN continues to trace the uptrend that started after the elections, and offers a chance to add to longs on dips to 21.6031, risking a decline under 21.3680. This level is also good to trail stops if you are long from lower levels as well.

Good luck,

Ivan Labrie.

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Doubled position and trailed SL in $USDMXN
s3.amazonaws.com/tra...shots/g/GpJJi8LU.png

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We can reenter longs, since we were trailed out in profit.

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Excellent entry on the pullback so far:

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(we basically caught the exact low)

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Nice move so far.