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Niall's avatar

Any thoughts on the HnS forming on the USDMXN?

Thanks

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Roy Gulluoglu's avatar

Hi Niall,

I believe you are mentioning the one forming after a downtrend in the daily chart. I'd rather see an "inverted H&S chart pattern" after a downtrend to take into account. That is why it is not my type of formation.

Kind regards,

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