CHZUSD (Daily) - Bearish breakout

Hi Traders

CHZUSD (Daily Timeframe)

The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 0.05463 support level. Only the upward break of 0.06543 would cancel the bearish scenario.

Trade details

Entry: 0.05463
Stop loss: 0.06543
Take profit 1: 0.04796
Take profit 2: 0.03716

Score: 8
Strategy: Bearish breakout