The fx pair shows uptrend or a range on Daily timeframe. But after its last strong up move it has got more chance to consolidate if RSI won1t go over 67. It is the same on H8. And the question is how long will the correction last or is it it ended after the yesterday’s strong up move? H2 shows the up move will continue. Therefore, for a short term it will be good idea to take LONG positions.
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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