XAG/USD | The Downtrend Begins - Time to Short!
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👋 Good day, traders!
📉 XAG, after being in a sideways trend for three months, is breaking the $22.43 level with a weekly candlestick pattern, signaling a short towards three target levels: $21.70, $20.60, and $19.23. I recommend considering sales from the aggressive level of $21.20 and the conservative level of $22.00, expecting a potential profit range of 1.5% to 12.5%. SL is set at ~$22.60.
✅ Give a 👍 if you want more insightful and profitable trading ideas❗️
❓ I'd love to hear your thoughts on this. What's your take?
DISCLAIMER:
This idea is purely informational and educational and is not a trading recommendation. Each trader should analyze and make decisions based on this information independently.
📉 XAG, after being in a sideways trend for three months, is breaking the $22.43 level with a weekly candlestick pattern, signaling a short towards three target levels: $21.70, $20.60, and $19.23. I recommend considering sales from the aggressive level of $21.20 and the conservative level of $22.00, expecting a potential profit range of 1.5% to 12.5%. SL is set at ~$22.60.
✅ Give a 👍 if you want more insightful and profitable trading ideas❗️
❓ I'd love to hear your thoughts on this. What's your take?
DISCLAIMER:
This idea is purely informational and educational and is not a trading recommendation. Each trader should analyze and make decisions based on this information independently.
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