SMC - BUY XAGUSD
Updated
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
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: 30.973Note: This is personal analysis for reference only. Take responsibility for your own potential losses
Order cancelled
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