the pair is in a clearly defined downtrend, both the 200 and 50 moving average is above the price which signify more down movement of the price, remember do not use more than 2% of your account on a trade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.