VasilyTrader

SILVER (XAGUSD) Preparing For Bullish Continuation 🥈

Long
VasilyTrader Updated   
OANDA:XAGUSD   Silver / U.S. Dollar

Silver was stuck for quite a while on 24.0 horizontal structure resistance.
Setting higher lows after each retracement from that, the market formed an ascending triangle.
Breaking its resistance on Friday, it looks like the price is preparing for the next bullish move.

Your buy zone is the contracting area between a broken horizontal structure and a rising trend line of a triangle.
From that area, growth will be expected.

Look for a confirmation on lower time frames within that zone to buy wisely.

Next supports:
24.5
25.2

❤️Please, support this idea with a like and comment!❤️

Comment:
Check my new idea on AUDNZD:

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.