Hello, I am Forex Trader Andrea Russo and today I want to talk to you about a LONG opportunity on EUR/MXN.
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On EUR/MXN I opened a long position, following an operational logic identical to that of a hedge fund desk:
intermarket analysis, retail positioning, options, institutional behavior and verification of the manipulative entry already completed.
This operation does not arise from a random pattern, but from a structured reading of the market that takes into account real flows, institutional timing and manipulations visible on the chart.
🔍 Synthetic Technical Analysis (8H Timeframe)
Key Support: 21.75 (PRZ of a Bat Harmonic Pattern)
Breakout Occurred: Above 22.08 with a full candle
Next Resistance: 22.40 and Final Target 22.72
Protected Stop: Below 21.47 → Out of Any Technical Noise
The price compressed for over 20 8H candles in a lateral base. The breakout occurred exactly above the flat MA200, signaling the start of a directional phase.
📊 Institutional flows and behavior
This long operation is based on signals that typically anticipate the entry of banks and funds:
Previous manipulation already occurred below the lows (typical stop hunter behavior)
Retail completely short (83–100%) → contrarian pressure in favor
Break above resistance with increasing OI → confirms real flows
FX options with strike at 22.70–22.80 → targets expected by the derivative market
Those who operate as funds do not enter after the breakout, but accumulate first in areas where the risk is lower and the structural reward is maximum.
🌐 Geopolitical scenario in favor
The current escalation between the US and Iran is generating:
📉 Flight from emerging currencies (such as MXN)
🛡️ Seeking refuge in stable currencies (EUR included)
🛢️ Rising oil price → penalization for Mexico (more expensive imports)
All this creates a favorable macro push context for EUR/MXN long.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌍 Discover Exclusive Benefits, My Live Performance & Socials:
👉 andrearussoforextrader.com
📲 Telegram Channel: t.me/swipeuptrading
👉 andrearussoforextrader.com
📲 Telegram Channel: t.me/swipeuptrading
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.