Technical analysis by Avramis about Symbol COMP: Sell recommendation (2/5/2024)

Hi Traders COMPUSD (1H Timeframe) The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 51.85 support level. Only the upward break of 53.50 would cancel the bearish scenario. Trade details Entry: 51.85 Stop loss: 53.50 Take profit 1: 50.83 Take profit 2: 49.18 Score: 8 Strategy: Bearish breakout