Is this XAUT bearish move a trap or a real breakout?



$XAUT /USDT - go SHORT

Trading plan:
Entry: 4026 – 4032
SL: 4059
TP1: 4007
TP2: 3992
TP3: 3969

Why focus on this setup?
- The 1D trend is clearly bearish; the 4H bearish signal has a 95% confidence level, and the historical win rate is extremely high.
- The current price 4029 is near EMA resistance; RSI on 1H is neutral, but the 15M rebound lacks strength.
- Enter short at 4026-4032, TP1 4007, TP2 3992, SL 4059, with a risk-reward ratio greater than 1:2.
- Why now? The bearish structure hasn’t broken; a rebound into the resistance zone is a classic add-on point.

Discussion:
For this short, will you scale out at TP1, or hold straight to TP2?
XAUT0.21%
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