Hi traders,
On the XAGUSD I'm looking to enter short at the 161.8% Fibonacci extension. This area lines up with previous structure, making it a high possibility trade.
Entry: 16.662
Stop: 16.810
Target 1: 16.366 = R:RR 2
Target 2: 16.117 = R:RR 3.68
Good luck guys! Updates will follow.
On the XAGUSD I'm looking to enter short at the 161.8% Fibonacci extension. This area lines up with previous structure, making it a high possibility trade.
Entry: 16.662
Stop: 16.810
Target 1: 16.366 = R:RR 2
Target 2: 16.117 = R:RR 3.68
Good luck guys! Updates will follow.
Trade active
Note
Target 1 hit. Moving stop to 16.730.Trade closed: stop reached
Good profit overall.
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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.
Related publications
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.