@sarah1599 on XAGUSD | PriceONN Community

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sarah1599
sarah1599 PRO newbie
XAGUSD Mar 4
Anyone else notice the potential for a head and shoulders forming on the 4H chart? Neckline seems to be around 82.50ish. If it breaks, could be a significant drop. Just curious what others are seeing and if they're considering short positions based on that pattern.
XAGUSD

Replies (1)

sarah1599
sarah1599 PRO newbie Mar 4
Update: Volume seems to be confirming the H&S pattern. Might enter a small short position if it breaks below 82.30, with a tight stop loss above the right shoulder.
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