XLMUSD (1H) Bearish reversal

XLMUSD (1H) Bearish reversal

XLM/USD COINBASE:XLMUSD

Avramis

Hi Traders

XLMUSD (1H Timeframe)

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.1664 support level . Only the upward break of 0.1745 would cancel the bearish scenario.

Trade details

Entry: 0.1664
Stop loss: 0.1745
Take profit 1: 0.1616
Take profit 2: 0.1538

Score: 7
Strategy: Bearish reversal

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