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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
