BIG RED BEAR knocking on your door! Part 4 - XAG/USD

SILVER (XAG/USD) - BUY

Aggressive Entry @ 16.15
SL @ 15.75
Moderate Entry @ 16.00
SL @ 15.50
Targets: 16.80 / 17.20 / 17.60 / 18.00 / 18.50 / 19.20 / 19.60 / 20.00

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Trade at BE, DXY could have one more Bullish Swing before the bigger drop. See Part 1 for NFP Technicals.

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Market conditions are "dodgy" during these times and structure could become more Complex. Extra caution is needed, watch "DXY - Cheating with the Joker - Double or Triple Three?" video for more details. The set-up could be invalidated if the Dollar Index surprises.

10:03

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Trade chiuso: obiettivo raggiunto:

16.80 target reached!

Switching to Bearish view with this post:

Chart update: