Just a small change after the Friday’s move. The fx pair is still in sustainable uptrend on Daily TF and longer term minimum one new high is expected in a third wave. H8’s correction getting close to its end or maybe turned. This can be viewed also on H2 which shows this TF players can push the market down once more to form new lower low before it will head up again. But careful on H” the players can’t take decision and some of them are playing long. To trade short is risky now but for another last swing it can be done just make sure to reduce the risk and do not expect too much in distance maximum S2. Latter if the Daily TF will take out upward the previous bar top than the bulls could be back in. On H8 the first divergence appeared and could be good to take LONG. And for the bulls the TP will be R2.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
