XAG/USD Double Bottom - Quality 4/8 - Magnitude 7/8
On the 4h chart, we can see a double bottom. Magnitude is quite high, we can also see the double bottom on the 1h chart.
Check on price action before entering the trade, see if we can break the resistance and get an uptrend. Should then act as support after the breakthrough. There's a good chance that silver follows the uptrend of gold, which we've seen in the past week.
RISK MANAGEMENT
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Check on price action before entering the trade, see if we can break the resistance and get an uptrend. Should then act as support after the breakthrough. There's a good chance that silver follows the uptrend of gold, which we've seen in the past week.
RISK MANAGEMENT
----------------------
Thank you for inspecting my idea
I'm happy to see any kind of feedback
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