ADAUSD (4H) - Bearish breakout

Hi Traders

ADAUSD (4H Timeframe)

The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.310 support level. Only the upward break of 0.378 would cancel the bearish scenario.

Trade details

Entry: 0.310
Stop loss: 0.378
Take profit 1: 0.268
Take profit 2: 0.224

Score: 8
Strategy: Bearish breakout