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XAGUSD H16: H*S 20% correction SHORT/HOLD(SL/TP)(UPDATED)

Short
OANDA:XAGUSD   Silver / U.S. Dollar
XAGUSD H16: H*S 20% correction SHORT/HOLD(SL/TP)(UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: XAGUSD 16H/candle chart review
::: H*S setup in progress
::: trade activated and in progress
::: reshort after a bounce
::: updated/revised outlook
::: setup still valid as of today
::: final pump incoming befre DUMP
::: short-term bullish /more gains
::: HOWEVER heavy resistance overhead
::: 27/28 USD heavy resistance
::: get ready to SHORT from overhead
::: will print HEAD at 27/28 USD
::: higher risk BUY/HOLD pullback
::: and exit near 27/28 USD later
::: BEARS will take over soon
::: lower risk setup is SHORT
::: get ready to SHORT HIGH later
::: once we hit resistance at 27/28 USD
::: TP BEARS TP1 10% gains TP2 +20% gains
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 22.50 USD
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: 27/28 reversal level to SHORT IT
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 22.50 USD fresh demand zone
::: 27/28 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS

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