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Silver just flashed a 4h SHORT signal—are you buying the range top at 70.79?
$XAG /USDT - SHORT
Trade Plan:
Entry: 70.68 – 70.90
SL: 71.80
TP1: 70.03
TP2: 69.53
TP3: 68.77
Why this setup?
• $XAG /USDT stuck in 1D range with 4h momentum turning bearish.• RSI on 15m sits at 48.68—neutral but leaning weak after rejection at resistance.• Entry at 70.79 with TP1 at 70.03, TP2 at 69.53; tight SL at 71.80 keeps risk low.• Why now? ATR of 0.42 on 1h suggests breakout volatility is near, and range tops historically favor shorts.
Debate:
Are you shorting the range top or waiting for a fakeout below 70.03?