AAVEUSD (4H) - Bearish breakout

Hi Traders

AAVEUSD (4H Timeframe)

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 53.30 support level. Only the upward break of 63.30 would cancel the bearish scenario.

Trade details

Entry: 53.30
Stop loss: 63.30
Take profit 1: 47.20
Take profit 2: 40.60

Score: 8
Strategy: Bearish breakout