AndrewNatter
Long

Silver - XAGUSD bullish continuation trade setup

FX_IDC:XAGUSD   Silver/U.S. Dollar
Mkt in bullish trend . As long as bulls hold above the 14.80
invalidation area expectation is a test of 18.25 resistance zone .

Mkt is currently retracing towards 16.00 broken resistance zone
which is likely to now become support.

A bullish trend continuation setup is forming offering traders a
1.5:1 reward to risk if entering long at beginning of support zone .
More conservative traders can watch for their particular entry
signal as price enters the 16.00 general support area . Traders
who require a larger reward to risk may wait for a deeper pullback
and enter closer to the invalidation point, thus increasing the reward
to risk ratio.
Trade closed: target reached
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