Avramis

COMPUSD (1H) - Bearish breakout

Short
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 42.510 support level. Only the upward break of 45.550 would cancel the bearish scenario.

Trade details

Entry: 42.510
Stop loss: 45.550
Take profit 1: 40.640
Take profit 2: 37.600

Score: 6
Strategy: Bearish breakout

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