👀 👉 XAGUSD (Silver) is currently trading at the upper boundary of its current range. On the weekly timeframe, it is positioned near the high of the previous week's range. Shifting to the daily timeframe, we observe that price is trading at the high of yesterday's session, suggesting it is testing this level and potentially targeting buy-side liquidity. While my overall bias remains bullish, I anticipate a pullback from this level. A counter-trend short could be considered in the short term, with the expectation of a retracement into equilibrium, as outlined in the accompanying video. Once we observe a bullish break of structure, this could signal an opportunity to go long on the pullback. As always, this analysis is for educational purposes only and should not be interpreted as financial advice.
Trade closed: target reached
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👀 👉 SEE THE HOLY GRAIL OF BUY/SELL SIGNALS INDICATORS & STRATEGY:
🚀🔗 youtu.be/MG-sBko3SNU 🔥
👀 👉 Join Our TELEGRAM:
🔗 t.me/anthonys_forex
🚀🔗 youtu.be/MG-sBko3SNU 🔥
👀 👉 Join Our TELEGRAM:
🔗 t.me/anthonys_forex
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.