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Silver$XAG /USDT Bull Trap Ready?
XAG_USDT - SHORT
Trade Plan:
Entry: 60.95 – 61.15
SL: 62.03
TP1: 60.32
TP2: 59.83
TP3: 59.10
Why focus on this structure?
• 4-hour SHORT signal activated, confidence 55.4%, entry reference 61.05, stop loss 62.03
• RSI 15-minute 45.71, bearish momentum, 1-day trend sideways, short-term downward pressure evident
• First target 60.32, second target 59.83, risk-reward ratio about 1:2.5, current position near resistance zone
Discussion:
Will this wave hit TP2 first, or will it fake out and bounce above 62 before dropping?