XAGUSD ( UNDER UPWARD PRESSURE ) ( 4H )
Updated
XAGUSD
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency under bullish pressure after the price create a bullish flag pattern
- TURNING LEVEL : a blue line between resistance and support level around 30.05, indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level
- RESISTANCE LEVEL : there is a green line around 30.84 and 31.49 , indicates selling have already increase this level , so if the price stable turning level reach this level
- SUPPORT LEVEL : there is a red line below turning level around 29.39 and 28,88 , indicates buying have already increase this level , so if the price breaking turning level reach this level
- PRICE MOVEMENT : maybe first the price will trying to dropping turning level around 30.05 , after rising to the resistance level around 30.84 , then stable above this level reach 31.49 ,
if the price breaking turning level reach a support level at 29.39 , then stabilizing below this level reach a 28,88
TARGET LEVEL :
- RESISTANCE LEVEL : 30.84 , 31.49
- SUPPORT LEVEL : 29.39 , 28,88
Note
Trade active
reach first target , an breakout resistance trendline , the price stable a bullish zoneTrade active
Trade active
still continues a bullish , until the price stabilizing a resistance level at 30.84 reach a next target 31.49 , but if the price breaking a resistance level at 30.84 reach a turning level 30.05 , then continues a bullish
Trade active
the price trying to create a new turning level , if the price stabilizing above 30.84 , reach a 30.84 , but if the price breaking a new turning level it will attempt to reach a old turning level at 30,05 before long , then breaking this level reach a support level at 29.39
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