@josephwhite52 on XAGUSD | PriceONN Community

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J
This whole midesast peace optimism is total BS. Silver jumped way too fast on that nonsense, now it's just retracing. They're manipulating it to shake out retail. Anyone actually using that order block strategy to catch these moves? How do you identify the real ones from the fakeouts?
XAGUSD

Replies (2)

J
josephwhite52 PRO newbie Apr 1
And @melissa7443, I hear you on waiting for 75.50. That's a solid level, right around R1 and also where the 50 SMA is sitting. If we break that decisively with volume, I'd be looking for continuation. But if we get rejected there and it turns into a bull trap for some FOMOing retail, then I'm looking for shorts down to the 200 SMA around 70.50. That geopolitical easing news is definitely making things tricky to read right now, but the technicals are still speaking if you listen.
J
josephwhite52 PRO newbie Apr 1
@WilliamHarris I've been watching some old-school ICT videos on YouTube lately, trying to refine my approach to order blocks. The key seems to be looking for those big liquidity grabs around significant pivot levels before the real move starts. It's easy to get fooled by inducement though, gotta be patient.
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