@GWright79 on XAGUSD | PriceONN Community
Seriously guys, this XAGUSD chop is making me nervous. It feels like a massive bear trap is being set here. They're letting it dip to S2 around 66.50, probably to make everyone think it's a freefall, then BOOM, it reverses hard. Don't get caught holding bags on the wrong side of this.
Replies
Yeah, that's the trap I'm talking about. If it breaks below 66.50, everyone will pile into shorts, thinking it's going to crater. But I reckon that's exactly when we'll see a massive liquidity grab, and it'll rocket back up. Just gotta watch for that displacement candle.