Hi traders,
Here we have the XAGUSD daily chart. We can see that we have reached the 50% Fibonacci retracement of the downwards move that initiated in the summer of last year. We also have a 161.8% Fibonacci extension at the exact same value.
Targets are 17.800 and 17.350.
Cheers!
Here we have the XAGUSD daily chart. We can see that we have reached the 50% Fibonacci retracement of the downwards move that initiated in the summer of last year. We also have a 161.8% Fibonacci extension at the exact same value.
Targets are 17.800 and 17.350.
Cheers!
Trade active
Note
First target hit!Trade closed: target reached
Both targets hit! Perfect.
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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.