We analyze the range of applicability of the high energy Reggeon Field Theory H RFT derived in [1]. We show that this theory is valid as long as at any intermediate value of rapidity η throughout the evolution at least one of the colliding objects is dilute. Importantly, at some values of η the dilute object could be the projectile, while at others it could be the target, so that H RFT does not reduce to either H JIMWLK or H KLWMIJ . When both objects are dense, corrections to the evolution not accounted for in [1] become important. The same limitation applies to other approaches to high energy evolution available today, such as for example [2, 3] and [4-6]. We also show that, in its regime of applicability H RFT can be simplified. We deriv...