Long XAGUSD
1. RSI bullish exit, breakout of long term descending resistance line
2. Price breakout of long term descending resistance line
3. Buy entry set above major resistance level (38.2% fibonacci retracement level, 100%, 61.8% fibonacci extension level)
2. Price breakout of long term descending resistance line
3. Buy entry set above major resistance level (38.2% fibonacci retracement level, 100%, 61.8% fibonacci extension level)
Order cancelled
Trade did not reach our buy entry level due to the strong major resistance zone identified at 16.775
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Disclaimer
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.