XEMUSD (4H)

Hi Traders

XEMUSD (4H Timeframe)

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.1667 support level. Only the upward break of 0.1981 would cancel the bearish scenario.

Trade details

Entry: 0.1667
Stop loss: 0.1981
Take profit 1: 0.1501
Take profit 2: 0.1205

Score: 5
Strategy: Bearish breakout