Silver / U.S. Dollar
Long
Updated

SMC - BUY XAGUSD

147
Conditions for setting up a Buy:
1. The price returns to the liquidity zone
2. The price returns to the Fib 0.318 - 0.5 zone
3. Divergence appears on the H1 timeframe (waiting) and M15 timeframe (waiting)
4. The trend is upward on the H4 and H1 timeframes

Entry Point:
Around the Fib 0.318 - 0.5 zone, with mandatory divergence and a reversal candlestick pattern.
SL below the Fib 0.5 zone, TP: 31.750

Note: This is personal analysis for reference only. Take responsibility for your own potential losses
Note
Buy limit (0.5%): entry: 30.523, sl: 30.344, tp: 30.973

Note: This is personal analysis for reference only. Take responsibility for your own potential losses
Order cancelled

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.