XAGUSD New year Long
Silver has been lingering around this big support area for a couple of days now and i feel to aid the next leg down we need to follow DOL on the sell side around $31. This coincides with trend line resistance, fib 0.5 and a nice W shape pattern.
I feel around this area will hold the liquidity for the next move back down to our macro channel and FVG daily at around $25.
This is just my take on the chart so do your own due diligence.
Lets make 2025 more profitable than 2024.
Good luck.
Thoughts and insight are welcome.
I feel around this area will hold the liquidity for the next move back down to our macro channel and FVG daily at around $25.
This is just my take on the chart so do your own due diligence.
Lets make 2025 more profitable than 2024.
Good luck.
Thoughts and insight are welcome.
Trade active
took some profit at 29.9 double topTrade closed: target reached
position closed
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