ARUSDT (1H) - Bearish breakout

Hi Traders

ARUSDT (1H Timeframe)

The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 7.40 support level. Only the upward break of 8.01 would cancel the bearish scenario.

Trade details

Entry: 7.40
Stop loss: 8.01
Take profit 1: 7.03
Take profit 2: 6.42

Score: 5
Strategy: Bearish breakout