KLAYUSD (4H) Bearish Breakout

Hi Traders

KLAYUSD (4H Timeframe)

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.404 support level. Only the upward break of 0.461 would cancel the bearish scenario.

Trade details

Entry: 0.404
Stop loss: 0.461
Take profit 1: 0.367
Take profit 2: 0.329

Score: 7
Strategy: Bearish Breakout