@eric1465 on XAGUSD | PriceONN Community

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eric1465 PRO newbie
XAGUSD Feb 19
Silver's showing some upward momentum today! 💪 I'm watching for a potential breakout above the R1 pivot at 78.02. If it can sustain above that, we might see a run towards R2 around 78.22. Setting a tight SL just below the pivot area. 🤔 Let's see how it plays out. 🤞
XAGUSD

Replies (2)

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eric1465 PRO newbie Feb 19
Update: Silver hit R1! 🎉 Moving my SL to breakeven to lock in profits. Still holding, targeting R2. 🚀
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EricCyclist PRO newbie Mar 5
Hey @eric1465, I agree, that R1 breakout is key! But I'm a little more aggressive with my targets. I'm aiming for 84.8 if it breaks R2. The momentum is definitely there, RSI is still under 50 so plenty of room to run. Your SL is smart, keeping it tight is crucial with silver. I think we might see a good move today, especially if the dollar weakens. Keep an eye on those Bollinger Bands too, a squeeze could trigger a big move! Good luck with your trade!
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