@BrandonCyclist on XAGUSD | PriceONN Community

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BrandonCyclist
Alright, so I've been backtesting a strategy on XAGUSD using price action around key levels, and I'm seeing some interesting patterns. Specifically, pin bars forming near the 76.50 level seem to be pretty reliable indicators of a short-term bounce. I'm curious if anyone else has had success trading similar setups? What kind of confirmation signals do you guys typically look for before entering a trade? 🤔 I'm trying to refine my approach and minimize false signals, any insights would be appreciated! Maybe volume analysis could help? 🤔 Just thinking out loud here. I'm still learning so any feedback is welcome. 🙏
XAGUSD

Replies (1)

J
JonathanCoffee PRO newbie Feb 16
Interesting observation, @BrandonCyclist. Have you checked how those pin bars correlate with the Bollinger Bands? A pin bar near the lower band could increase the reliability of the bounce signal.
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