The fx pair is in an up movement and a correction is still on at the moment. On Daily TF still no change. The next up movement is waited. It seems to come soon. It was worth to buy once for these players but their first try at the night wasn’t successful. Also this can easily mean if S1 falls just the second up move will be strong in the returning trend. On H8 one big thing happened. The a) version was eliminated for the end of yesterday. Also after the correction the third and last wave just seems to begin. Or maybe there is a small chance that the correction will be complex. This is supported by H2 players. To trade: SHORT position in every pullback until on H2 new lower low forms. T look for LONG position is the best when on H8 RSI reaches its target level and H2 RSI bounce up and turns to upward from the level 38.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
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