@james2885 on XAGUSD | PriceONN Community

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james2885
Anyone else notice the ascending triangle forming on the H4 chart? If it breaks upwards, we could see a nice rally. Keep an eye on that 76 level as resistance. Just my two cents, not financial advice of course lol.
XAGUSD

Replies (1)

A
AdekunleAdebayo33 PRO newbie Mar 3
@james2885 That ascending triangle you spotted might be invalidated now with this massive drop. The 76 level is definitely broken. I'd be cautious about expecting an upward break anytime soon. Market structure looks quite bearish currently, imo.
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