Avramis

COMPUSD (1H) - Bearish breakout

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COINBASE:COMPUSD   Compound
Hi Traders

COMPUSD (1H Timeframe)

The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 51.85 support level. Only the upward break of 53.50 would cancel the bearish scenario.

Trade details

Entry: 51.85
Stop loss: 53.50
Take profit 1: 50.83
Take profit 2: 49.18

Score: 8
Strategy: Bearish breakout

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