The fx pair is questionable in Daily TF. If its holds RSI over 34 then the pullback will become more complex correction and later it is ok to expect new highs. This can be changed if the smaller TF players will become more bearish. On H8 TF the bears are still dominated but the movement became slower. And players are waiting new lows. H2 is questionable. The players try to push the market upward. From this side bigger correction can be expected with enough trading distance. If the market won’t take out S1 than LONG positions are good with the TP of R2. If S1 falls than still SHORTs are better until S3.
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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