USDMXN Bullish Bat Pattern Completion-Buying@18.90/91 (1.1618)

2019-12-18 05:56:47

For those who like to trade exotic pairs and harmonics, take a look at USDMXN.

In my opinion, I have spotted a Bullish Bat Pattern that is already completed.
I'm buying at 18.90/910 with a first target right at the 38.2 fib 19.1500/2000.
If successfully reached, I will close the trade at the 61.8 fib. - 19.3000/3500.
Will monitor this pair constantly for a close for a close above the previous support
level (RED Horizontal line) around 19.0300/0500.

https://www.tradingview.com/x/4VsVUT6J/