What I look at when deciding to take a trade …

here on the 1-hour, I see my EMAs coming together for a potential trend change ...

with a little bit of hesitation printing that Doji candle :

On my lesser timeframe the momentum is to the downside ...

after the SELL off, I always expect a correction :

correction too deep for the lesser timeframe & time to exit (+23 *pips*):

Same intraday trade plan on the EUR/USD & the EUR/GBP.

(Take a look at the BEARish momentum on the AUD/USD)