ADAUSD (4H) - Bearish breakoutHi Traders
ADAUSD (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.4160 support level. Only the upward break of 0.4380 would cancel the bearish scenario.
Trade details
Entry: 0.4160
Stop loss: 0.4380
Take profit 1: 0.4030
Take profit 2: 0.3890
Score: 7
Strategy: Bearish breakout