The fx pair is in an up movement and a correction is still on at the moment on Daily TF. After the strong up movement minimum one more up move is expected. But the time of the turn is still waited and expected to be when RSI holds over the level of 38. On H8 the market is still in the second down swing. The waited bigger up move should take place when RSI holds over 38 as well. H2 is in strong downtrend. MAs and RSIs looks good on both H8 and H2 charts so there are still support for the down move and gives good trading ideas.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
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