NZD/USD (Daily) Bearish Breakout

Hi Traders

NZD/USD (Daily Timeframe)

The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 0.6914 support level. Only the upward break of 0.7104 would cancel the bearish scenario.

Trade details

Entry: 0.6914
Stop loss: 0.7104
Take profit 1: 0.6815
Take profit 2: 0.6633
Take profit 3: 0.6333

Score: 8
Strategy: Bearish Breakout