EJ analysis part 1

EJ TF Daily
-Bias Bearish (Long Term Downtrend):

• 5 bar ao (Bearish bias)
• qqe crossing below line 50 (bearish bias )
• might be have some retracement (yesterday candlestick sign for bullish)
  

EJ TF4hr
-trend: Bearish

• 6 ao bar (bullish bias)
• qqe cross (bullish if confirm after 1hr)

EJ do some retracement now before continue downtrend. If break 161.80 EJ expected bullish up to fibo 38.2%(162.37), fibo50%(163.19) or fibo61.8%(164.02) before turning back to major trend.

EJTF1HR
-trend: sideway

• ao (bearish bias)
• qqe (sideway)
• sma200 cross sma100 (confirmation signal for major bearish (hopefully)