ADAUSD (4H) Bearish wave We2

Hi Traders

ADAUSD (4H Timeframe)

A High probability, entry signal to go SHORT will be given with the downward break of $1.07 after the market found resistance at $1.12. Only the upward break of $1.12 would cancel the bearish scenario.

Trade details

Entry: 1.07
Stop loss: 1.12
Take profit 1: 0.95
Take profit 2: 0.85

Score: 8
Strategy: Bearish wave We2