XAGUSD - has been on a solid uptrend and just done a three wave pull back to the 38 fibs from triangle breakout. Looking for silver to hit daily resistance as fell short last time which is why I think one more high before a bigger pull back.
Trade active
Original target hit, Had three positions open so closed two at target and left the other one open to see what happens next as currently above weekly resistance.Current Stop loss on remaining position 17.688 - 1.4% profit.
New Target 19.589 for moon shot. RR 4.07 - 12%.
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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.