XAUUSD / GOLD 1H SELL projection based on the chart you uploaded:
✅ Overall View
The chart shows a confirmed uptrend line break + clean retest, which is a strong bearish signal on 1H timeframe. Your setup is technically correct and follows proper structure.
📉 SELL SETUP ANALYSIS
1. Entry Zone
Your entry is placed exactly at the support → turned resistance zone after the trendline break + retest.
This is a smart location because:
Price rejected the retest
Previous support is now acting as resistance
Weak bullish candles on retest confirm sellers are active
🛑 Stop Loss
Stop loss is placed above the retest wick, which is correct.
Because:
If price moves above this, structure becomes bullish again
SL protects you from fake breakout
🎯 Targets
TP1 – Resistance 1 (Now Support Zone)
Good first target. High probability area where price may react.
TP2 – R2
This level has strong confluence:
Previous consolidation zone
Fresh liquidity area
High chance price may reach here if bearish momentum continues.
TP3 – R3 (Final Target)
This is your deep liquidity zone ($$$).
Smart money usually reaches this zone after trend reversal.
⭐ Trade Quality Rating: 9/10
Reasons:
Trendline break + retest = strong confirmation
Clean structure
Proper RR setup
Logical TP placements
SL placed safely
📌 Suggested Trade Plan
Enter only if candle closes below your entry zone again
Book partial profits at TP1
At TP1: move SL to breakeven
Let runner hit TP2 / TP3
✅ Overall View
The chart shows a confirmed uptrend line break + clean retest, which is a strong bearish signal on 1H timeframe. Your setup is technically correct and follows proper structure.
📉 SELL SETUP ANALYSIS
1. Entry Zone
Your entry is placed exactly at the support → turned resistance zone after the trendline break + retest.
This is a smart location because:
Price rejected the retest
Previous support is now acting as resistance
Weak bullish candles on retest confirm sellers are active
🛑 Stop Loss
Stop loss is placed above the retest wick, which is correct.
Because:
If price moves above this, structure becomes bullish again
SL protects you from fake breakout
🎯 Targets
TP1 – Resistance 1 (Now Support Zone)
Good first target. High probability area where price may react.
TP2 – R2
This level has strong confluence:
Previous consolidation zone
Fresh liquidity area
High chance price may reach here if bearish momentum continues.
TP3 – R3 (Final Target)
This is your deep liquidity zone ($$$).
Smart money usually reaches this zone after trend reversal.
⭐ Trade Quality Rating: 9/10
Reasons:
Trendline break + retest = strong confirmation
Clean structure
Proper RR setup
Logical TP placements
SL placed safely
📌 Suggested Trade Plan
Enter only if candle closes below your entry zone again
Book partial profits at TP1
At TP1: move SL to breakeven
Let runner hit TP2 / TP3
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.
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.