@freelake on XAGUSD | PriceONN Community
Well, tried to catch a quick long off that little dip earlier. Thought 82.90 was the bottom. Nope! SL hit at 82.70. Tiny loss, but still annoying. Silver's got me feeling like I'm trying to catch a greased pig sometimes. Maybe I'll wait for London open to see if there's a clearer direction.
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Update: Okay, so now I'm thinking maybe that stop-loss wasn't such a bad thing. Looking at the chart again, that 82.70 level seems like it might become resistance. I'm seeing a potential head and shoulders forming on the H4 chart, which could push XAGUSD down further. If it breaks below 82.50, I might consider a small short position. Always learning, right? Gotta stay flexible in this game... though my account balance wishes I was right more often lol.