The
fx pair is just looks in some kind of base building to get some power before
the bigger up move will start. This is also proven by the ongoing correction of
the still existing downtrend (bigger TF) because it is so big and confusing.
This all means it is good to expect new low but with just a few pips and new
highs as well. To trade in both case it is good to think in short terms. Until
the market won’t reach minimum to close distance to S2 good to take SHORT
positions. And also it is good to take Long positions if like S1 holds but just
for short term and for one round.
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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