💡 Strategy Flow
I'm seeing:
1. Fakeout – Price broke above resistance (3349–3350) and wicked into 3368–3372.
2. Rejection – Price quickly fell back below the resistance zone (classic bull trap).
3. Retrace to resistance – Price has now returned to the 3349–3350 zone, which is likely acting as new resistance again.
✅ Current price is sitting at the retrace area, after the initial rejection.
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🔮 What should happen next?
According to this strategy, the next expected move is:
🔻 Rejection from resistance ➝ Bearish continuation
In detail:
> Price should fail to break resistance again.
> Sellers should step in around this level.
> If valid, price should drop, targeting:
🔹 Conservative TP: 3280
🔹 Aggressive TP: 3241.5
---
🎯 Entry Setup
Type Entry Stop Loss Take Profit Risk-Reward
Conservative 3349.0 3376.5 3280.0 ~1:1.6
Aggressive 3339.5 3378.5 3241.5 ~1:2.5
📍 Entry can be confirmed with bearish rejection candle on the resistance retest.
📈 Targeting previous swing low and major support zone around 3246–3247.
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Symbol:
$BYBIT:XAUTSDT.P
XAUUSD
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🧠 Strategy Logic:
This is a Smart Money-style trap play, where liquidity is swept above a well-known resistance, then price rejects and retraces back for a high-probability entry.
This fakeout–retest–drop sequence is deadly when aligned with market structure and zones like this.
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🏷️ Hashtags:
#XAUTUSDT #XAUUSD #SmartMoney #LiquidityGrab #PriceAction #Fakeout #Retest #BearishSetup #BreakAndRetest #TradingView #SMC #TechnicalAnalysis #Forex #Crypto #StopHunt
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I'm seeing:
1. Fakeout – Price broke above resistance (3349–3350) and wicked into 3368–3372.
2. Rejection – Price quickly fell back below the resistance zone (classic bull trap).
3. Retrace to resistance – Price has now returned to the 3349–3350 zone, which is likely acting as new resistance again.
✅ Current price is sitting at the retrace area, after the initial rejection.
---
🔮 What should happen next?
According to this strategy, the next expected move is:
🔻 Rejection from resistance ➝ Bearish continuation
In detail:
> Price should fail to break resistance again.
> Sellers should step in around this level.
> If valid, price should drop, targeting:
🔹 Conservative TP: 3280
🔹 Aggressive TP: 3241.5
---
🎯 Entry Setup
Type Entry Stop Loss Take Profit Risk-Reward
Conservative 3349.0 3376.5 3280.0 ~1:1.6
Aggressive 3339.5 3378.5 3241.5 ~1:2.5
📍 Entry can be confirmed with bearish rejection candle on the resistance retest.
📈 Targeting previous swing low and major support zone around 3246–3247.
---
Symbol:
$BYBIT:XAUTSDT.P
XAUUSD ---
🧠 Strategy Logic:
This is a Smart Money-style trap play, where liquidity is swept above a well-known resistance, then price rejects and retraces back for a high-probability entry.
This fakeout–retest–drop sequence is deadly when aligned with market structure and zones like this.
---
🏷️ Hashtags:
#XAUTUSDT #XAUUSD #SmartMoney #LiquidityGrab #PriceAction #Fakeout #Retest #BearishSetup #BreakAndRetest #TradingView #SMC #TechnicalAnalysis #Forex #Crypto #StopHunt
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.