The fx pair shows uptrend or range on Daily timeframe. But it seems the market will try to break out from the range. H8 is in uptrend just like H2. But H2 shows two possible way for the up move.
To trade on longer term better to be ready to take LONG positions with the TP of R2. But in the other option if S1 won’t hold it can be good to take SHORT first until S2 and just prepare the LONGs around in that level.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
To trade on longer term better to be ready to take LONG positions with the TP of R2. But in the other option if S1 won’t hold it can be good to take SHORT first until S2 and just prepare the LONGs around in that level.
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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