On Daily timeframe the FX pair seems to stop for a few candle. On H8 and H2 show strong downtrend. And a correction is on or just was on and the down move is back. After the strong down move it is ok to expect one more downswing. In this stage it is better to look for SHORT positions as how it is shown on H2. The TP for minimum is 1.11949. In other option before the break out the market can form a much bigger correction. If near S1 any sign is shown that the market tries to turn back than it is better to tighten SL.
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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