XAGUSD
W1 - The price has reached level 161 in a three-wave structure, which may lead to a potential correction to the 100 level.
H4 - The price is fixed behind the trend line, you can wait for the formation of a three-wave structure to enter a sale with targets up to 22.97
What can you expect?
You can consider entry from the level of ~25.10 with further movement to the target of 23.80. Cancellation of the idea so as not to take increased risk on the idea levels beyond the end of the 2nd wave - 25.45 or 1st wave - 25.92.
Long
Targets 24.55 - 24.09 - 23.65 - 22.97
W1 - The price has reached level 161 in a three-wave structure, which may lead to a potential correction to the 100 level.
H4 - The price is fixed behind the trend line, you can wait for the formation of a three-wave structure to enter a sale with targets up to 22.97
What can you expect?
You can consider entry from the level of ~25.10 with further movement to the target of 23.80. Cancellation of the idea so as not to take increased risk on the idea levels beyond the end of the 2nd wave - 25.45 or 1st wave - 25.92.
Long
Targets 24.55 - 24.09 - 23.65 - 22.97
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.