I posted this trade plan last week and commented that traders should watch for the break of consolidation and the pair was like a runaway train once it broke this consolidation. I’m not done with this trade yet! My plan is to wait for a higher price to sell again, but this train is roaring ahead. However, the purpose of my post was to show how aggressive the market moves when consolidations break and why PATIENCE is so important as well as to analyse from Daily and Weekly charts. I hope some of you made some great pips on this trade idea. USD BEARS are having another fantastic year!

USDMXN - RUNAWAY TRAIN - 26 NOV

Source: MARYNA

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