XAGUSD (SILVER) - Outlook - (Still bullish)
Updated
Self Journal:
Price is sitting at EMA above 61.8 at the bottom of a bullish channel. Price is likely gapping up and then going down V and W at that low I would like to see the second part of the W (V) go a little lower than the Friday close prior to taking any longs. Once the market opens I will see which prices need to be broken in order for me to confirm.
Sitting on my hands until I see how the market reacts at open and ill set alerts for myself and reference my data rules to take any trades to see what are the probabilities.
Price is sitting at EMA above 61.8 at the bottom of a bullish channel. Price is likely gapping up and then going down V and W at that low I would like to see the second part of the W (V) go a little lower than the Friday close prior to taking any longs. Once the market opens I will see which prices need to be broken in order for me to confirm.
Sitting on my hands until I see how the market reacts at open and ill set alerts for myself and reference my data rules to take any trades to see what are the probabilities.
Trade active
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