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 51.85 support level. Only the upward break of 53.50 would cancel the bearish scenario.

Trade details

Entry: 51.85
Stop loss: 53.50
Take profit 1: 50.83
Take profit 2: 49.18

Score: 8
Strategy: Bearish breakout

Get my tool FREE HERE:
bit.ly/2ODALGH

FREE TELEGRAM GROUP:
bit.ly/3rYHjyd

GET MY FREE EDUCATION HERE:
bit.ly/3pQudRX
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.