In longer term (Daily TF) the FX pair is just on the bullish-bearish boarder. And during the ongoing correction the market will decide what it would like to be. H8 and H2 were in the sustainable bear territory which indicate the market wants to move back again. It seems H8 is the TF where the level is of the correction. But this correction is maybe something new. In lower level to trade it has two option. But the best to wait for a small down move and catch the correction second up moving leg. Take LONG position until R1. At that point the market will decide again if it keeps moving upward or fallows H8 players for a last downswing.
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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