The fx pair is moving upward on bigger TF. And now just a more complex correction seems to happen. This seems to come out from EWP count and also the market just seems to get stock just at the middle section of the correction first leg. To be more sure about the idea a proof is still needed. And if comes SHORT position can be opened. And for TP it is ok to expect lower levels than S1. But careful this is countertrend which means the market can turn upward any time.
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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