TomHougaard

BTC is confirming a very clear breakdown of the upward structure:
• Price strongly breaks the demand zone 88k–90k (first red box)
• Then a weak pullback up to the 86k–88k zone (second red box) and continues to be pushed down
• Long red candles + spike in volume → panic sell / distribution completed
• Currently, the price is around 76.6k → in a strong downtrend phase (bear impulse)
Main bias: SHORT – do not rush to catch the bottom
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Price zone & trading strategy
🔴 Priority scenario: SELL THE RALLY
• Ideal short zone: 78,500 – 80,000
• Stop loss: 81,500
• Take profit:
• TP1: 74,500
•

XAUT has just experienced a strong rally and a large bearish candle, indicating clear profit-taking pressure. The medium-term trend remains upward, but in the short term, the market is entering a correction phase with strong fluctuations, making it unsuitable for chasing buys.
Priority strategy: SHORT on the rebound
– Entry Short: 4,800 – 4,900
– Stop Loss: above 5,050
– Take Profit: 4,500 → 4,300 → 4,000
LONG strategy (only when reaching strong support)
– Entry Long: 4,200 – 4,300
– Stop Loss: below 4,000
– Take Profit: 4,700 → 4,900
#MyWeekendTradingPlan $XAUT