The
fx pair is in a correction on H1 TF. Or the correction also can be a base
building to move downward. To this if the bigger TF movements, the down move or
base building -doesn’t matter in this case- added than the result is the more
percentage to a coming down move. On the other side the market easily can move
to upper levels also easily. Because the confusion of the sides better to take
positions just like in a counter trend. To take after this a position better to
wait for a proof for one of the side and step in just after.
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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