XAGUSD Step-by-step entry plan for XAGUSD
1. We have our Daily Point of Interest (POI)
- On the daily a zone that contains:
* a fair value gap (FVG),
* a break of structure (BOS) that previously acted as resistance and is now expected to act as support, and
* support from the 44 SMA.
2. Wait for price to return to the Daily POI
- Only consider the setup if price actually comes back into that daily POI zone.
3. Switch to the 1-hour timeframe to refine the entry
- Look for a shift in structure on the 1-hour (i.e., evidence that momentum is shifting bullish: BOS to the upside, higher highs/higher lows).
4. Confirm a 1-hour fair value gap forms
- The structure shift on 1-hour should create a 1-hour FVG (a short intraday imbalance).
5. Wait for the 1-hour FVG to be filled
- Let price fill that 1-hour FVG (price moves into/through the gap).
6. Look for a bullish confirmation on the filled 1-hour FVG
- After the fill, require a clear bullish formation on 1-hour (examples: bullish engulfing candle, strong demand candle, a higher-low + rejection wick).
7. Enter on the 1-hour bullish confirmation
- Enter when price breaks the confirmation level (e.g., breaks above the local 1-hour high formed by the bullish setup) or on a confirmed bullish candle close per your entry rules.
