SILVER - XAGUSD - LONG SETUP

2022年1月27日

We're looking for the LONG in Silver.
Market has retraced to the 382 of the whole swing from Mar 2020 - present.
It has also retraced 50 of swing higher from December 2021 - present.
It has knocked on the door of a trend line connecting tops from May 2021-present.
Currently market has come back to retest the breakout are from which it went higher.
From here we're are looking for a LONG entry.
Target would be the ABCD pattern taking us to 26.400

2022年1月27日

註釋

Here it is on the daily

2022年2月1日

註釋

First attempt at long we were stopped out.
Here is the 2nd attempt and so far so good
We'll look to see how the market reacts tot he 382.

2022年2月7日

註釋

Amazing how the market hit the 382 and rejected it. The next day it went lower and stopped us out a 2nd time

2022年2月10日

交易結束：目標達成

We've had a good run, we should be thinking about taking profits here.