The fx pair shows uptrend or a range on Daily timeframe. But after the yesterday’s strong up move it has got more chance to consolidate. This is the same on H8. And it even says that a bigger or longer correction may happen today. H2 went so far away from MA. Witch also can be a sign that the market has to consolidate. Therefore, SHORT positions can be good idea with the minimum TP of S1.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
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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