XAGUSD bullish idea on the daily
Hi traders,
On the XAGUSD I'm looking to enter long around the 15 mark. The chart is a bit messy, but what we have, is:
AB=CD pattern (red lines)
AB=CD=EF=GH pattern (blue lines)
Entry: 15.004
Stop: 13.949
Target: 17.080 R:RR 1.97
Good luck guys! I will be updating this post as time progresses.
EDIT: We also have a 161.8% Fibonacci extension near the 14.500.
On the XAGUSD I'm looking to enter long around the 15 mark. The chart is a bit messy, but what we have, is:
AB=CD pattern (red lines)
AB=CD=EF=GH pattern (blue lines)
Entry: 15.004
Stop: 13.949
Target: 17.080 R:RR 1.97
Good luck guys! I will be updating this post as time progresses.
EDIT: We also have a 161.8% Fibonacci extension near the 14.500.
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