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 0.350 support level. Only the upward break of 0.389 would cancel the bearish scenario.
Trade details
Entry: 0.350
Stop loss: 0.389
Take profit 1: 0.327
Take profit 2: 0.301
Score: 6
Strategy: Bearish breakout