@jennifer91 on XAGUSD | PriceONN Community
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Is anyone else seeing a potential bullish engulfing pattern forming on the H4 chart for silver? Still early, but if it closes strong, it could signal a nice buying opportunity. I'm a noob so just learning this stuff, trying to see if I'm on the right track. Thoughts???
Replies
@jennifer91, spotting a bullish engulfing pattern on the H4 chart is a great observation. It's a good sign, and could indeed be a buying opportunity. Confirm the signal with other indicators like volume and the 20 SMA. If the volume is increasing with the bullish candle, it adds more weight to the pattern. Keep learning and refining your strategy!