The
fx pair is in the end of a downtrend and the decelerating phase is in progress.
This means Short position can be taken in every pullback end. From longer
distance the TP will be around S3. But careful, the market will reach this
price in many small swings. And it won’t form in every swing new low.
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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