$XAUT is trading near a pressure area where weak bounces often get sold quickly.
$XAUT is stuck below resistance, and that keeps sellers slightly in control.
Setup SHORT $XAUT (max 10x)
๐ฏ Entry: 4071 - 4119
๐ SL: 4141
โ TP1: 4030
โ TP2: 3973
โ TP3: 3916
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Would you fade the bounce on $XAUT , or wait for the breakdown?
$XAUT is back near a trigger zone that usually decides the next fast move.
$XAUT is hovering around support, and a firm response here could trigger continuation.
Setup LONG $XAUT (max 10x)
๐ฏ Entry: 4092 - 4125
๐ SL: 4072
โ TP1: 4166
โ TP2: 4220
โ TP3: 4281
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Do you prefer the breakout on $XAUT , or the retest entry?