⚡️ $XAUT under pressure: where to find a trend short?
While local rebounds lure buyers into a trap, large capital continues selling the asset at strong resistance levels.
📉 The global trend for the instrument on the 4-hour timeframe and the local trend on the 15-minute timeframe are in a downtrend phase.
On the 1-hour chart, there is an attempt to break structure, but after the impulsive decline, the price is testing the resistance zones of sellers and the Order Block to find entry points following the dominant bearish downtrend.
🎯 Trading plan:
Entry Zone: 4 405.00 – 4 420.00 (building a position in the local Order Block zone and resistance on lower timeframes within a corrective pullback).
TP: 4 330.00 – 4 360.00 (removing liquidity at the local minimum and testing the support zone).
SL: 4 435.00 (above the key resistance zone and the last formed Lower High; a break of it will invalidate the bearish structure).
⚠️ The market doesn’t forgive mistakes — wait for the price in the planned entry zone and strictly control your risk. 👇
#XAUT #smartmoney #cryptotrading #BinanceSquare
While local rebounds lure buyers into a trap, large capital continues selling the asset at strong resistance levels.
📉 The global trend for the instrument on the 4-hour timeframe and the local trend on the 15-minute timeframe are in a downtrend phase.
On the 1-hour chart, there is an attempt to break structure, but after the impulsive decline, the price is testing the resistance zones of sellers and the Order Block to find entry points following the dominant bearish downtrend.
🎯 Trading plan:
Entry Zone: 4 405.00 – 4 420.00 (building a position in the local Order Block zone and resistance on lower timeframes within a corrective pullback).
TP: 4 330.00 – 4 360.00 (removing liquidity at the local minimum and testing the support zone).
SL: 4 435.00 (above the key resistance zone and the last formed Lower High; a break of it will invalidate the bearish structure).
⚠️ The market doesn’t forgive mistakes — wait for the price in the planned entry zone and strictly control your risk. 👇
#XAUT #smartmoney #cryptotrading #BinanceSquare
