Observing the 1-hour chart of XAGUSD, a clear upward trend is visible within a parallel channel. Following a recent reversal from the support line, the direction now appears to be heading towards the resistance zone.
Trade setup:
Buy zone: 30.4000-30.4500
Take Profit 1: 30.8000
Take Profit 2: 31.2000
Take Profit 3: 31.6000
Stop Loss: 30.0000
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Trade setup:
Buy zone: 30.4000-30.4500
Take Profit 1: 30.8000
Take Profit 2: 31.2000
Take Profit 3: 31.6000
Stop Loss: 30.0000
Support me if you like this idea.
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Join Our Telegram Channel For Getting Signals and Analysis👇👇
t.me/Trade_with_Natasha7
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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.