AVAXUSD (1H) - Bearish wave LTF

Hi Traders

AVAXUSD (1H Timeframe)

A Med-High probability, entry signal to go SHORT will be given with the downward break of 15.85 after the market found resistance at 16.30. Only the upward break of 16.30 would cancel the bearish scenario.

Trade details

Entry: 15.85
Stop loss: 16.30
Take profit 1: 15.18
Take profit 2: 14.70

Score: 7
Strategy: Bearish wave LTF