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Silver $XAG /USDT’s 4-hour trap—are you game to take it?
XAG_USDT - Short SHORT
Trading plan:
Entry: 59.84 – 60.02
SL: 60.81
TP1: 59.27
TP2: 58.83
TP3: 58.17
Why watch this structure?
Current RSI (15 minutes) is 58.17, the daily trend is range-bound, and a 4-hour SHORT signal has already appeared (confidence 55). Entry at 59.93, TP1 59.27, TP2 58.83, stop loss 60.81. Why now? The short-term rebound has reached the resistance zone; with the EMA acting as pressure, the probability of a pullback is high. Within the range, shorts have the advantage.
Discussion:
Will this move hit TP2 first, or will it be a bull trap rebound all the way to 60.81?