SILVER (XAGUSD) – 1H Chart Setup
Chart Pattern:
Silver has broken out of an ascending triangle on the 1H timeframe, signaling strong bullish momentum.
Breakout Status: Active
Entry Levels:
First Entry: 23.8000 (Breakout Level / Current Price)
Second Entry: 23.4000 (Possible Retest of Broken Resistance Turned Support)
Target: 24.0000
(Measured Move Based on Triangle Height)
Trade Idea:
Clean breakout from the ascending triangle pattern confirms bullish continuation. Entry at breakout or on a retest offers a solid risk-reward opportunity.
Silver XAGUSD Breakout Trade Chart Pattern Technical Analysis Bullish Setup
Chart Pattern:
Silver has broken out of an ascending triangle on the 1H timeframe, signaling strong bullish momentum.
Breakout Status: Active
Entry Levels:
First Entry: 23.8000 (Breakout Level / Current Price)
Second Entry: 23.4000 (Possible Retest of Broken Resistance Turned Support)
Target: 24.0000
(Measured Move Based on Triangle Height)
Trade Idea:
Clean breakout from the ascending triangle pattern confirms bullish continuation. Entry at breakout or on a retest offers a solid risk-reward opportunity.
Silver XAGUSD Breakout Trade Chart Pattern Technical Analysis Bullish Setup
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