Hello Traders; Here's my view on XAGUSD- We see price moving bullish, the overall trend is bearish. It is normal for price to rally higher till it closes up the bearish imbalance. Once this is done, we should expect more bears to continue the bearish trend. This is a typical RBD setup We only look to go short once price gets to our POI(Point of Interest) at the fill of Imbalance.
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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.