So like a douché (French for douche) I am not short USDMXN from the MM3, or indeed the WM3, because of overexposure on my account.
However, this has now changed and I want a little Tex-Mex in my life.
Here is the 4 Hour chart showing the monthly pivots. We can see that price wicked up exactly to the MM3 before selling off, and we have now just broken below the Monthly Central Pivot Point. I am targeting the MM1 and need to find an entry into this short.
A look at the hourly chart with weekly pivots sees a break below the WCPP and WM2, before selling the rally down.