AVAXUSD (4H) Bearish Breakout

Hi Traders

AVAXUSD (4H Timeframe)

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 21.3 support level. Only the upward break of 29.1 would cancel the bearish scenario.

Trade details

Entry: 21.30
Stop loss: 29.10
Take profit 1: 16.40
Take profit 2: 11.40

Score: 7
Strategy: Bearish Breakout