Silver Quick Buy Idea 8.8
Updated
Quick scalp trade on XAGUSD. Possible reflection point on the daily timeframe with silver having a steady and slow climb. Hoping to get in on a kijun sen bounce on the daily which coincides with price being unable to break the 4h kumo cloud to the downside. If price is rejected with enough momentum then this trade could be a nice hold if price creates a kumo cloud twist on the daily timeframe.
Entry:14.444
SL: 14.285
TP1: 14.660
TP2: 14.913
TP3: 15.294
Entry:14.444
SL: 14.285
TP1: 14.660
TP2: 14.913
TP3: 15.294
Trade closed: stop reached
SL REACHED
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.