TradingView
PrimedGroup
Nov 23, 2020 11:57 AM

XAGUSD Long / 7+RR Day, maybe Swing, Trade Long

SilverOANDA

Description

Ok so we are long on XAGUSD, also long on NASDAQ and a few other pairs, no time to go over that right now.

I believe that XAG and XAUUSD can reverse to the upside in the coming hours and trading sessions.

In this reticular trade, we have the following:
- Entry at the fibs with selling price action slowing down
- RSI in the lows
- A trendline acting as a resistance, which can break with solid momentum

Not much more, our trading strategy is simple and easy...

Good luck trading this week!
More