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This wave of silver shorting, are you brave enough to take it?
$XAG /USDT - SHORT
Trading Plan:
Entry: 60.03 – 60.27
SL: 61.27
TP1: 59.31
TP2: 58.75
TP3: 57.92
Why focus on this structure?
- SHORT signal activated on the 4H timeframe, entry reference at 60.15, TP1 at 59.31, attractive risk-reward ratio.
- 1D trend is sideways, RSI 15M neutral, but ATR 1H is only 0.46, volatility tightening, breakout imminent.
- Entering now with SL at 61.27 keeps risk manageable; if TP2 at 58.75 is hit first, gains exceed 2%.
Discussion:
Will this silver wave hit TP2 first or trigger the SL first? Leave your thoughts!