XAGUSD Potential For Bullish Rise

2022年9月21日

On h4, with the price moving above the ichimoku cloud and ascending trendline, we have a bullish bias that the price may rise from the buy entry at 19.43150, which is the breakout of the descending trendline, to the take profit at 20.03606, where the 50% fibonacci retracement, 100% fibonacci projection and 78.6% fibonacci retracement are. Alternatively, the price may drop to the stop loss at 19.29510, where the overlap support is.

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