XAGUSD (Silver) still has some bearish moves to deliver. This can be confirmed by the bullish view of the dollar index (inserted below).
While price retraces to the weekly order block, I will be waiting. Once price enters the order block, I will be looking for a continuation of the bearish move by looking for a CHOCH on the 1-hour timeframe.
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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.