XAGUSD.Sell Setup
My Silver (XAGUSD) Trade Idea:
Technical Setup:
Silver is in a descending channel
Rejected upper trendline → Bearish continuation likely
50-MA crossing below 100-MA → Bearish confirmation
Trade Plan:
🔽 Sell Entry: Below 31.00 (Breakout confirmation)
🎯 TP1: 30.30 (First target)
Risk Management:
Stop-Loss: Ideally above 31.30-31.50 (depending on volatility)
Risk-Reward Ratio: Depends on SL, but looks favorable
Additional Confirmation:
Volume spike on breakdown
Retest of 31.00 as resistance after breaking
RSI below 50 (preferably nearing oversold levels)
Would you like to set up TP2 for extended downside potential?
Technical Setup:
Silver is in a descending channel
Rejected upper trendline → Bearish continuation likely
50-MA crossing below 100-MA → Bearish confirmation
Trade Plan:
🔽 Sell Entry: Below 31.00 (Breakout confirmation)
🎯 TP1: 30.30 (First target)
Risk Management:
Stop-Loss: Ideally above 31.30-31.50 (depending on volatility)
Risk-Reward Ratio: Depends on SL, but looks favorable
Additional Confirmation:
Volume spike on breakdown
Retest of 31.00 as resistance after breaking
RSI below 50 (preferably nearing oversold levels)
Would you like to set up TP2 for extended downside potential?
Publications connexes
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.