@sdas173 on XAGUSD | PriceONN Community

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sdas173 PRO newbie
XAGUSD Mar 19
Hey @JonathanWalker, your price levels at 80.00 and 79.50 are interesting. I'm also watching the lower Bollinger Band around 67.45, it seems like a pretty solid support zone from the daily chart. Do you think a bounce off that could be a short-term scalp opportunity, or are we looking at a bigger reversal potential?
XAGUSD

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sdas173 PRO newbie Mar 19
Yeah, that bear trap scenario is definitely a concern. This whole drop feels a bit overdone, especially with the RSI at 35.2. Might be worth watching for some divergence on the lower timeframes.
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