In longer term the FX pair is still bullish. H8 and the Daily TF players moved out to the sustainable bullish territory last week. Therefore, it is better to think the market is just making a correction. But it seems to be a complex one. H2 players are moving between R1 and S1. They just arrived again to the border. At this stage there can be two versions. With a break out it can push the market deep down. Maybe it is good the prepare for it. But from the other side and this has got more percentage first the market will go up and if R1 can hold it will turn down to try to reach S2. This means LONG positions can be good for first.
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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