EUR/USD (Weekly) Bearish Breakout

Hi Traders

EUR/USD (Weekly Timeframe)

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 1.1656 support level. Only the upward break of 1.1916 would cancel the bearish scenario.

Trade details

Entry: 1.1656
Stop loss: 1.1916
Take profit 1: 1.1519
Take profit 2: 1.1274
Take profit 3: 1.0875

Score: 7
Strategy: Bearish Breakout