In longer term (Daily TF) the FX pair is just on the bullish-bearish boarder. And during the upcoming days the market will decide what it would like to be. H8 was out in the sustainable bear territory which indicate the market wants to move down again. This can have the meaning that the trend is decelerating and the market is just before its last down wave and there is not too much left from the downswing. Or from another view the down move already ended and the Daily players already have taken the control. To trade better to stay on H2 level. Which indicates a down move is in development and SHORT positions can be good until S1. But even it seems the down move is back. It is better to expect another up in two bigger swing until R1 and to get ready for LONG because the H8 correction can become complex.
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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