Silver / U.S. Dollar
Long
Updated

Trade idea - XAGUSD Long

112
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: snapshot

= 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.

snapshot
Note
WEEKLY

Double bottom pattern potentially in play.

snapshot
Trade active
DAILY

Market moving in big Bull Flag formation.

-27 Fibonacci has been completed.

snapshot
Order cancelled
Buy limit removed due to CPI news.

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