XAGUSD D1: H*S 10% correction SHORT/HOLD(SL/TP)(NEW)

2022年10月28日

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XAGUSD D1: H*S 10% 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 H1/candle chart review
::: H*S setup in progress
::: updated/revised outlook
::: setup still valid as of today
::: final pump incoming befre DUMP
::: short-term bullish /more gains
::: HOWEVER heavy resistance overhead
::: 19.80/20.00 USD heavy S/R BEARS
::: get ready to SHORT from overhead
::: will print RS near 19.80 USD
::: BEARS taking over soon
::: expect 10%+ correction next week
::: BEARS will take over from 19.80 USD
::: lower risk setup is SHORT
::: get ready to SHORT HIGH later
::: once we hit resistance near RS/19.80USD
::: TP BEARS TP1 10% gains TP2 +20% gains
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 17.80 (conservative TP)
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: 19.80-20.00 reversal level to SHORT IT
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 16.60 USD fresh demand zone
::: 20.00 USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/FINAL PUMP
::: Sentiment outlook mid-term: BEARS/REVERSAL

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