Trade idea - XAGUSD Long
Updated
4H
Bullish M pattern can potentially play out.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
Market moving in Bull Flag formation towards entry zone.
More clear from a 1H perspective:
= Confirmation to place Buy limit.
1.5% risk.
Bullish M pattern can potentially play out.
Clear support & resistance zone is there.
Corrective approach towards entry zone.
Market moving in Bull Flag formation towards entry zone.
More clear from a 1H perspective:
= Confirmation to place Buy limit.
1.5% risk.
Note
MONTHLY
Possibility for the Bullish M pattern to play out.
Clear support & resistance zone is there.
Note
WEEKLY
Double bottom pattern potentially in play.
Trade active
DAILY
Market moving in big Bull Flag formation.
-27 Fibonacci has been completed.
Order cancelled
Buy limit removed due to CPI news. 
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