@calmstone on XAGUSD | PriceONN Community
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Asian session is always a bit tricky with silver. Low volume can lead to unexpected spikes. Risk management is key, especially with the current geopolitical situation. Patience is more important than ever; wait for clear signals.
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Also, the Bollinger Bands are quite tight on the H4 chart. Could indicate a potential breakout in either direction. Need to be prepared for both scenarios.
@calmstone, I agree Asian session can be whippy. I've been swept the lows too many times to count during those hours. I think it's smart to wait for NY open to confirm direction. That said, I'm looking at that H4 chart too and wondering if this is a breaker block forming around 84.70. If we get a good displacement candle above that, I might golong. SL below the order block though, gotta protect the capital. What do you think about that level holding as resistance?