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XAGUSD Analysis Based On Smart Money Concept
CFDs on Silver (US$ / OZ)
Long
XAGUSD Analysis Based On Smart Money Concept
By Olivia-Grace
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Updated
Dec 11, 2024
1
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Dec 2, 2024
XAGUSD H4 Chart Insight
Bullish Reversal in Play
Key Points:
- Choch pattern identified after multiple BOS events
- Trend reversal from bearish to bullish confirmed
- Fair Value Gap observed
Market Update:
Silver surges after filling the Fair Value Gap and bouncing off the Point of Interest (POI)
Trade Plan:
SL below POI
TP levels marked on the chart
Dec 4, 2024
Trade active
TP1 Done.
Set Breakeven For No Loss
Dec 11, 2024
Trade closed: target reached
Take Profit 2 Done.
Close towards final destination.
Chart Patterns
Fundamental Analysis
Trend Analysis
Olivia-Grace
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