TRENDS:-
DAILY-BEARISH
4H-BEARISH
1H-BEARISH
NOW LET'S TALK ABOUT THE CONFLUENCES
1.XAGUSD HAD GIVEN A BREAKDOWN FROM AN IMPORTANT SUPPORT AREA 25.68 BO I EXPECT IT TO RETEST THAT REGION AND FACE A RESISTANCE
2.WE HAD ALSO GOT A ORDERBLOCK IN 4H TF WHICH CAN BE DEPICTED AS A SUPPLY
3.WE ALSO GETS A CONFLUENCE OF 0.5-0.618 FIBBO RETRACMENT
TRENDS-
1D-BEARISH
4H-BULLISH
RECENTLY WE HAD SEEN A BREAKOUT N NOW WE ARE ABOVE THE SUPPORT ZONE
1.WE HAD FORMED A HEAD N SHOULDER PATTERN IN 4H TF ANY BREAKDOWN FROM SUPPORT CAN BE A GOOD SHORT POSITION
2.WE CAN ALSO SEE A BULLISH FLAG ANY BREAKOUT AND RETEST WILL BE A GOOD BUY OPPORTUNITY
