@sana3594 on XAGUSD | PriceONN Community
Hey everyone! Just noticed XAGUSD is looking super bullish today! RSI is above 60, and it's already broken past the 78 level. I'm thinking of opening a small long position with a TP around 79. What do you guys think? SL around 77.5 maybe?
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Update: I opened that long position on XAGUSD I mentioned earlier. It's already in profit! Moving my SL to breakeven to secure some gains. Let's see if it hits that 79 TP! Keeping a close eye on it though, the market can change quickly.
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Hey @sana3594, that TP level looks reasonable, but with the overbought RSI, I'd be cautious. Maybe consider a tighter stop-loss initially?