We have been in a bear flag for the past weeks, price is moving in a chanel and created a eliott wave last week. We reached the upper trendline and saw rejection. 4hour T.F confirmation too. Price will go down as a bearish eliott wave or ABC pattern. Might also break lower channel and go lower to make new lows on the downtrend. price also hit the 61% fib retracement
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