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 narrowing range. And because of this several versions could occur in the upcoming. On H2 the market just reached the longer MA. At this point care needed because it can turn back easily. But shorter TFs support the uptrend. And this gives more percentage for LONG positions. If in the chart MA won’t hold than the TP will be around R3. If the market turns down than it will be ok to expect new lows around S2.
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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