The fx pair shows uptrend or range on Daily timeframe. H8 is in uptrend and a correction is on at the moment. On H2 the market moves in a channel downward. To trade in this stage it is better to reduce the risk.
And to step to position it is good on H2 to take SHORT for a short time. TP is S2. But after this better to expect that the bigger TF players will try to take over and LONGs will have more chance.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
And to step to position it is good on H2 to take SHORT for a short time. TP is S2. But after this better to expect that the bigger TF players will try to take over and LONGs will have more chance.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
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