On Daily timeframe the FX pair showed a strong down move. This could be the sign that the uptrend is ceased. On H8 and H2 show strong downtrend. And a correction is on at the moment. 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.
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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