In XAGUSD on the 4H we can see the first major correction after an overly extended uptrend.
I think we will see another test of the previous high and also of the current price level. This makes for good intraday opportunities.
At the moment I am long with a SL around 23.900 and TP at about 24.300.
I sell USDJPY0.67% here because we have bounced off a major channel trendline which finally ended a correction by breaking the rising wedge to the downside. At the moment we are at the retest phase so this trade is somewhat aggressive. You may wait until the last bar's low has been broken to wait for some more confirmation.
The target is approximately at the 50%...
