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Silver bears – what is the main force waiting for?
$XAG /USDT - SHORT
Trade Plan:
Entry: 60.06 – 60.24
SL: 61.04
TP1: 59.49
TP2: 59.04
TP3: 58.38
Why focus on this structure?
- The 4H trend is clearly SHORT, 15-min RSI at 56.57 is not overbought, downside room remains.
- Referencing EMA structure, the 60.15 area is a resistance zone. TP1 targets 59.49, TP2 at 59.04.
- Why now? The 1D trend is oscillating without a breakout, but the short-term bearish signal has already triggered, awaiting confirmation for entry.
Discussion:
Will this move reach TP2 first, or is it a bear trap before a rebound?