The fx pair on Daily TF is in a range after its first up movement and the second upper leg is in development. On H8 the market is in a strong range and after its first up move. The resistance level S1 held the market but H8 still needs to give a sign before it begins to move upward. H2 moved out to the sustainable bear territory which shows the market will try to form minimum one more downswing with a lower low. To trade first fallow H2 yellow dashed lines. After if H2 RSI holds over 38 again than from that point the bulls will show their power (LONG positions will have more percentage) and the market will try to move upward (for TP it will be ok to expect new highs).
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.
Δεν υπάρχουν σχόλια:
Δημοσίευση σχολίου