We have an expansion range from the mode, that show us a strong movement.
The was breaked, and the time just expired as well.
Moreover we are touching the low zone!
This is a good entry, but it is necessary to monitor if this range expansion will be breaked next 3 days. If we have new lows instead of news highs, it is a signal that the range expansion will not be breaked.
May take some more time to react.
So it can go down or maintain in this level due to the new mode. It is just not ready for a up move.