BIG RED BEAR knocking on your door! Part 4 - XAG/USD

Long

Silver / U.S. Dollar (OANDA:XAGUSD)

Updated

OANDA:XAGUSD Silver / U.S. Dollar

Wave Analysis Chart Patterns Harmonic Patterns XAG USD ( Silver / US Dollar) Silver silverlong xagusdlong xagusdanalysis wavecount wavepatterns

waveanalysis chartpattern harmonicpatterns xagusd silver silverlong xagusdlong xagusdanalysis wavecount wavepatterns

SILVER (XAG/USD) - BUY

Aggressive Entry @ 16.15
SL @ 15.75
Moderate Entry @ 16.00
SL @ 15.50
Targets: 16.80 / 17.20 / 17.60 / 18.00 / 18.50 / 19.20 / 19.60 / 20.00

Comment:

Comment:

Trade at BE, DXY could have one more Bullish Swing before the bigger drop. See Part 1 for NFP Technicals.

Comment:

Market conditions are "dodgy" during these times and structure could become more Complex. Extra caution is needed, watch "DXY - Cheating with the Joker - Double or Triple Three?" video for more details. The set-up could be invalidated if the Dollar Index surprises.

DXY - Cheating with the Joker - Double or Triple Three?

10:03

Comment:

Trade closed: target reached:

16.80 target reached!

Switching to Bearish view with this post:

Bull Riding - Rodeo Trading – Intraday Market Orders (Part3)

Chart update:

Related Ideas

about USDCHF

about USDJPY

about EURUSD 12

about XAUUSD

about DXY 4

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.