@matthewthomas27 on XAGUSD | PriceONN Community
Anyone else notice the ascending triangle forming on the 4H chart for XAGUSD? The upper trendline is around 80.90-81.00. A confirmed breakout above that level, with increasing volume, could signal a strong buy. I'm thinking of setting a tight SL just below the 20 SMA on the H4. What's your guys's take on the risk/reward?