GBP/USD (4H) Bearish Breakout

Hi Traders

GBP/USD (4H Timeframe)

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 1.4069 support level. Only the upward break of 1.4185 would cancel the bearish scenario.

Trade details

Entry: 1.4069
Stop loss: 1.4185
Take profit 1: 1.4006
Take profit 2: 1.3895
Take profit 3: 1.3711

Score: 7
Strategy: Bearish Breakout