AvinashMudaliar

Long Silver once Entry is triggered as per your risk profile

Long
FX:XAGUSD   Silver / U.S. Dollar
Silver

Weekly:-

1) Round Bottom of SB suggest Support Taken. Later giving Bright +ve Twist
2) Small HBD
3) Market Broke Bull Fractal recently and did not break Bear fractal yet. Hence, we can conclude momentum still bullish

Daily:-

1) Candles holding the Supp Zone very tighly. The Candlestick body are very very small and we see Bullish CP at this Supp Zone.
2) Red Horizontal line is a resistance zone. We also have Bull fractal there.
3) Break of this bull Fractal would suggest bears have lost momentum and bias is now +ve

H4:-

1) We have small regular bullish divergence
2) We already broke bull fractal but did not get going after that but rather was stuck in zone.
3) We broke Zone and also recent Bull Fractal


Entry:-

1) Aggressive Entry:- Buy above the Horizontal (Place Buy stops) Target zone is marked. SL Candle close below Bear Fractal

2) Conservative Entry:- Wait for Daily Close above Bull Fractal. If we get that close then Take Buy Stop above the Candle Break High. Target as mentioned in chart. SL Candle close below Bear Fractal

Good Luck and God Bless

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