XAGUSD. Small bullflag in corrective ascending channel.
Updating my view of Silver. It's looking long to me! I particularly like the small bull-flag on the current ascending trend line - this within a bigger descending channel which I have detailed. After a recent double fake out of the legacy (ascending) trend line price has returned Silver back within a bigger ascending triangle structure.
If price action can break through trend line 'A' and close above then it will be an area I will look for a long trade.
Short? Conversely any impulse through trend line 'B' could develop into a short setup. I will be paying very close attention to this area too.
If price action can break through trend line 'A' and close above then it will be an area I will look for a long trade.
Short? Conversely any impulse through trend line 'B' could develop into a short setup. I will be paying very close attention to this area too.
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