The fx pair is still trending upward. The smaller timeframes were in the sustainable territory therefore minimum one new high is expected. Only the Daily TF is questionable. Does the RSI just spike over 67 or it will hold over? Soon the answer will arrive. H8’s pullback seems to become a correction. Its more viewable on H2. And that is good for two (or maybe three) round of SHORT. The expected TP with the turn is somewhere between H8 olive line and S2. At that place the RSI has to hold over 34-38.
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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