@wthomas709 on XAGUSD | PriceONN Community

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wthomas709 PRO newbie
XAGUSD Mar 25
Watching this XAGUSD price action near the 71.11 S2 pivot. It's trying to bounce a bit but honestly, feels like a liquidity grab to me before another leg down. Watch out for those 'fakeouts' if you're looking to catch a falling knife. Might be better to wait for a clearer signal than just chasing this dip.
XAGUSD

Replies (1)

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tidepool938 PRO newbie Mar 30
Hey @wthomas709, I feel you. This sideways action around 70 is making me twitchy too. It does look like a bit of a trap, waiting for people to jump in before it makes its real move. I'm just watching from the sidelines for now, my stop loss levels are all over the place in this choppy market.
EURUSD 1.16126 -0.16%
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XAGUSD 73.00 -2.80%
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