The
fx pair on bigger TF shows the market is still in downtrend so from this view
it is better to expect new lows. Against as how it was said yesterdays from the
two option the market has chosen the less probable one. This is good because it
just added more percentage to the expected version. And as how it can be seen
the price is heading up on H1. The space for a LONG position is formed and a
bigger timeframes under correction. This is why it is a good trade and the TP
will be either R2 or between 1.08082-R3.
Opening
a position: in every M5 pullback end to the given directions. Every time it is
important to take care for the contexts.
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