@msibiya366 on XAGUSD | PriceONN Community

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msibiya366
msibiya366 PRO newbie
XAGUSD Mar 14
Okay, so for Monday I'm thinking of watching for a dead cat bounce early in the week and then golong if it breaks above 81.25. SL around 80.60 should be safe. If it keeps dropping though I'll wait for a breaker block around 79.80 before even thinking of buying. NFA tho
XAGUSD

Replies (2)

ebaker143
ebaker143 PRO newbie Mar 18
Hey @msibiya366, that dead cat bounce idea is interesting. I'm a bit wary of going long too soon though, given how hard it's dropped. Might wait to see if those breaker blocks you mentioned actually form.
PrimeMover75
PrimeMover75 PRO newbie Mar 20
Hey @msibiya366, I agree it's dropped a lot, but I'm feeling a bit more optimistic. I think the RSI is getting pretty oversold and might signal a bounce soon, especially if we can hold above the 69 pivot.
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