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Power of the trend switched to a bearish bias. We should see a continuation of the downwards trend

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Bearish activity with the Elliott wave showing a further downtrend. The momentum switch using the MACD it critical. Adx staying low shows bearish activity because the strong ADX trend is biased to the daily uptrend.

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Perfect climactic move to end the elliott wave . Now we look at the momentum shift and downwards elliott wave

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Based on elliot wave formations sell on the retracement and get your pips.

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Buy according to the strength of the trend and the retracement using fibonacci.

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This might go back down soon because the down trend was really strong. So this may be a reversal but also just pulling back and then following the downtrend.