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Is this the last chance for XAUT bulls to escape? The 4H bearish signal has already been triggered
$XAUT /USDT - to sell SHORT
Trading plan:
Entry: 4094.3 – 4096.3
SL: 4104.6
TP1: 4088.3
TP2: 4083.7
TP3: 4076.7
Why focus on this structure?
- The RSI on the 15-minute timeframe has fallen to 37.06; it’s oversold but hasn’t reversed, and bearish momentum is still being released
- The 1D trend is clearly bearish, with the bearish EMA alignment suppressing upside room for a rebound
- The current price is 4095.3; enter a direct short, with TP1=4088.3 (reward-to-risk 2:1), and TP2=4083.7
- The stop loss is only 4104.6, with risk kept under control; if price breaks through, be alert for a reverse trap
Discussion:
Will this SHORT hit TP2 first, or will it trigger a stop-hunt drop and then pull back toward 4100?