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ADXtender Short Setup
- 1. Price makes a new low and ADX rises above 25.
- 2. Price retraces up near the 20 EMA.
- 3. ADX turns down during the price retracement.
- 4. +DMI does not cross -DMI on the retracement.
- 5. Enter short when price makes a pivot high reversal (down) and -DMI makes a new high.
- 6. Place a stop loss above the price pivot high.
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