XAUT’s final wild party for the longs? A top signal has appeared on the 4-hour timeframe.



$XAUT /USDT - Short SHORT

Trading plan:
Entry: 4002.3 – 4009.9
SL: 4042.4
TP1: 3978.9
TP2: 3960.7
TP3: 3933.5

Why pay attention to this structure?
- The current price is around 4006. The 1D chart is clearly in a bearish trend, and a 4H EMA death cross is about to form.
- The 15-minute RSI is only 56.19. Rebound momentum is running out, which is exactly the SHORT entry zone.
- Why now? Because price has just tested the 4006 resistance level, and the 1-hour ATR is only 15.13. After volatility contraction, the direction is a must.
- Target TP1 3978.9, TP2 3960.7, stop loss 4042.4, with a reward-to-risk ratio above 2:1.

Discussion:
Will this leg directly break through TP2, or will it first rebound to the stop loss and then sell off again?
XAUT0.50%
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