DislikedIf 147.79 holds then it should be a good place to consider fresh shorts.
But, I still need that 4 hour 21 SMA to break.
The default MT4 ADX template can be a good guide in this case.Ignored
Unless -Di does not cross +Di upwards on 4 hour adx template, I will not short, even if my own system says a short is possible, but not confirmed.
Today's trendline was in favour of confused movements and that is what we are seeing now.