11021992
Long

XAGUSD bullish entry on weekly chart

FX:XAGUSD   Silver/U.S. Dollar
Hi traders,

On the weekly XAGUSD             I am looking at a bullish entry at previous structure, just above 18.4. I understand this may take a while, but it's always good to be prepared.
Entry: 18.500
Stop: 17.330
Target: 20.300 = R:RR 1.56

Best of luck! Updates will come in case something happens.
Trade active
Trade closed: stop reached
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I am not that sure if it will hold $18,40 though. But, we will see.
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In 2013-2014 the $18.40 was good support, then in early 2015 it turned into resistance. When the value broke last month, it went like a maniac.
Like you said, we will see. Anything can happen.

Whats your longer-term view?
Reply
TAtrader 11021992
It will go up, of course. Yeah, we don't know. It might break the the trend line, then test $18,200 and go up. :)
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