I am not a senior but will share my view.
- First, your entry: If it's due to the pennish bar (magenta box), well look at the size of the bar prior to it.
- If your entry is on the 4H BEOB, then yes the bar lows before it could have caused some trouble. And in that case we use one of the following 3 plans mentioned here by Jim and Mike : (I am sure SC can get you the original post)
1- Enter and exit at the first trouble area for a small profit.
2- Move SL to BE ASAP, and see if price will make it through. (it did in this case)
3- NO GO, i.e no trade.
Especially with this pair (btw Mike used to Love it), I would personally choose option 3.
Hope that helps.
EDIT: Well, as usual Mike beats everyone else. That's why we love you Mike