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XAGUSD D4: Reddit Gamblers failed / 20%+ correction (SL/TP)(NEW)

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OANDA:XAGUSD   Argent / Dollar Américain
XAGUSD D4: Gamblers failed: 20% correction SHORT/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: XAGUSD 4days/candle chart review
::: Reddit gamblers failed
::: no squeeze here
::: 4days PIN BAR on SUPER HEAVY volume
::: trade activated and in progress
::: 20% downside remains
::: final TP BEARS is 22 USD
::: updated/revised outlook
::: setup still valid as of today
::: HOWEVER heavy resistance overhead
::: triggered correction after FAKE PUMP
::: MARKET SELL IT and get paid
::: will re-test near range lows at 22 USD
::: no valid setup for bulls here
::: SHORT and exit near 22 USD later
::: BEARS taking over right now
::: lower risk setup is SHORT
::: TP BEARS TP1 10% gains TP2 +20% gains
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 22.00 USD
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 22.50 USD fresh demand zone
::: 27/28 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS
Commentaire:
BIG DUMP

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