Silver / U.S. Dollar
Long
Updated

BIG RED BEAR knocking on your door! Part 4 - XAG/USD

1 163
SILVER (XAG/USD) - BUY

Aggressive Entry @ 16.15
SL @ 15.75
Moderate Entry @ 16.00
SL @ 15.50
Targets: 16.80 / 17.20 / 17.60 / 18.00 / 18.50 / 19.20 / 19.60 / 20.00
Note
snapshot
Note
snapshot
Note
snapshot
Note
Trade at BE, DXY could have one more Bullish Swing before the bigger drop. See Part 1 for NFP Technicals.
Note
Market conditions are "dodgy" during these times and structure could become more Complex. Extra caution is needed, watch "DXY - Cheating with the Joker - Double or Triple Three?" video for more details. The set-up could be invalidated if the Dollar Index surprises.

snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Trade closed: target reached
16.80 target reached!

Switching to Bearish view with this post:
Bull Riding - Rodeo Trading – Intraday Market Orders (Part3)


Chart update:
snapshot

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.