Hi all,
On the XAGUSD we can see the price near the blue daily trendlines.
There is also a lot of support & resistance at that area. I've marked a pretty big price reversal zone.
I would suggest to short somewhere around 15.1 and 15.6; depending on the risk you are willing to take.
Target is based on 3x the same move downwards.
Best of luck!
Regards
On the XAGUSD we can see the price near the blue daily trendlines.
There is also a lot of support & resistance at that area. I've marked a pretty big price reversal zone.
I would suggest to short somewhere around 15.1 and 15.6; depending on the risk you are willing to take.
Target is based on 3x the same move downwards.
Best of luck!
Regards
