CADMXN Long Term ForecastI expect the short first, then as it approaches the trend line we will know if it will bounce or break through. i will keep updating this idea. thank you.
CADMXN
Buy the Dip! CADMXNI am expecting it to fall. however i believe it will ultimately bounce past its previous green pivot point. tell me what you think.
Potential Buy in Canadian dollar mexican peso.Based on 5 year analysis it seems like the cadmxn trade is a great long term investment they have been in a very consistent upward trend since 2006. i added the pivot points in order to see what is currently going on. it is struggling to fall under the red pivot point. i believe this will be a buy since it seems like its going to bounce off that pivot point into the green square area. if it beats the green pivot point than i am expecting a bull run. i recommend selling short if the spot price falls under the red pivot point and red square area. Returning and buying once it surpasses those same green pivot points. Please leave any feed back ! are you buying or selling?
CADMEHICANNLets get EXOTIC! the pair is very volitile and it has the RSI at overbought. I am bearish on the pair and looking for a sell opportunity on shorter timeframes
