XLMUSD (1H) Bearish reversal

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