XAGUSD SHORT

16 ott 2023

XAGUSD has reached a minor resistance on the daily chart, where we anticipate a pullback trade. The candle reaction hasn't been particularly strong on the daily chart so far. However, on the 1-hour chart, an interesting trading pattern has formed - a double top, and its neckline has broken to the downside. When there's a retest of this level, the trade will become active.

Entry: 22.609,
Stop loss: 22.878,
Target: 22.240