USDMXN TO 19.76 (READ DESCRIPTION)

After the market tradeded to the 2024 high and showing a crack in correlation with the MXN Futures contract,

It has since shown a willingness to break structure and move lower.

Whether or not the long term up trend is over remains to be seen, but I do see a move lower to the equal lows at 19.76 possible.

I look to sell the market if it retraces up to the 20.46 - 20.39 range,

Stop loss @20.68
Take profit @19.76
Risk to reward: 1:2