AXSUSD (1H) Bearish breakout

Hi Traders

AXSUSD (1H Timeframe)

The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 52.1 support level. Only the upward break of 55.86 would cancel the bearish scenario.

Trade details

Entry: 52.10
Stop loss: 55.86
Take profit 1: 49.78
Take profit 2: 46.05

Score: 8
Strategy: Bearish breakout