I consider possible downward movement of the pair. Price currently in 1H timeframes is in the upper zone of significant volume of negotiations with rejections and an upward movement developed in the Squeeze Momentum. In high times of 4 hours I see in the ADX a possible resumption of the downward force of the previous movement. In addition to the fact that it is still in the red valleys of the movement. It is an operation in which I risk a very small amount since it is in the ideal area of sale according to my strategy, where I could obtain a good risk-benefit ratio in case the exchange goes well.
Just my opinion. Successes in your exchanges.
Just my opinion. Successes in your exchanges.
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Personally I exit the trade, it did not meet the objectives of my strategy, it had to stay below after its rapid downward movement.