FX:XAGUSD Silver/U.S. Dollar
For a longer term swing position, the following set of criteria must complete before I decide to enter the trade.
For this example, I'm only showing the . For more precise entry and/or targets you can drill into the lower timeframes to pinpoint your price levels.
1. Advanced Pattern
3. = Oversold
5. Fibonacci Ratio Confluence & HTF Analysis
6. Minor/Major Structure Levels (If trading on the 4HR time frame, then major structure as shown around the 15.5)
7. Some test of structure (Double Bottom or Top)