You can see a bearish flag on the XAG/USD (Silver) daily chart. It offers a downside breakout trading setup. The flag and its pole are shown with the yellow lines. My potential take-profit level is marked with the green line. My potential stop-loss level is marked with the red line. It is best to wait for a close reasonably below the lower border of the flag area to initiate a sell trade.
Trade attivo:
Entry triggered on 28.07 at 00:01 at 24.735 with SL = 25.470, TP = 23.830.
Trade chiuso: stop raggiunto:
SL reached on 29.07 at 8:22 UTC.
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