The Daily chart where we can see it is indicating a bearish Daily trend.
Sometimes when we get a bit of a bounce, many people start screaming that it is a reversal and so on, the QQE has helped me a lot to differentiate between a retracement or a full reversal, look at the 4h chart, the QQE crossed back upwards but price struggled to close above the 4h gann, the QQE just took its time and got out of oversold levels and now it is crossing back down which indicates more downside to come.
A reversal would be the QQE crossing upwards and we get a 4h candle close at the same time or maybe 1 candle later, this applies on any TF btw.
If you also look at when the 4h QQE crossed upwards, price also had a hard time to even break the 1h 50ema, all these are signs told me that the bounce was just a retracement and we should sell the rally which I did.
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Trade what you see, not what you think.