XAG/USD - Sell Limit Opportunity After Liquidity GrabSilver (XAG/USD) has reached a key liquidity zone above a significant resistance level, presenting a well-defined sell limit opportunity. This move indicates a potential bearish reversal as smart money absorbs buying pressure.
Key Observations:
Liquidity Grab: Price action spiked above resistance, triggering stop-losses and trapping breakout buyers.
Market Structure: Bearish signals, including rejection wicks and slowing upward momentum, suggest a shift to the downside.
Optimal Entry: A sell limit at is positioned to capitalize on the anticipated reversal.
Trade Plan:
Entry: Sell limit at , based on the liquidity sweep.
Stop Loss: Placed above the liquidity sweep to account for market volatility.
Take Profit: Targeting key support levels at for a favorable risk-reward ratio.
Risk Management:
This setup capitalizes on a classic liquidity grab, but disciplined risk management and careful position sizing are critical. Watch for bearish confirmation signals before entering the trade.