@OscarDiver on XAGUSD | PriceONN Community
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Took a small scalp long position earlier at 79.30, aiming for a quick bounce off the lower Bollinger Band around 78.97. Unfortunately, the volatility just wasn't there and it stalled out. Ended up taking a small loss when it broke below 79.20. Risk management is key, so I cut it quickly. Need to find a clearer setup.
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@OscarDiver Honestly, a 'small scalp' near the lower Bollinger? Sounds like a trap to me. They always let you think there's a bounce coming before they slam it lower. Better luck next week, I guess.
@OscarDiver Yeah, that lower Bollinger bounce attempt can be a real trap. It's often just noise before another push lower, especially when the broader trend seems shaky. Better to wait for a more confirmed reversal signal. Hope the next one works out!