@aisyahrahman79 on XAGUSD | PriceONN Community
A
hi everyone im trying to plan my next swing trade for XAGUSD and feeling a bit stuck. the overall trend is bullish which is what i want but the recent dip has me thinking twice. price is at 87.71 now which is below the middle Bollinger band. I see the 20 SMA is almost exactly at the current price and the 50 SMA is lower at 86.26.
when the price is kinda hovering like this right at the 20 SMA what's a good strategy? should i wait for a clear rebound or is this a potential entry if it holds? also any general tips on combining SMA crosses with Bollinger Bands for swing trading would be amazing. thanks in advance!
when the price is kinda hovering like this right at the 20 SMA what's a good strategy? should i wait for a clear rebound or is this a potential entry if it holds? also any general tips on combining SMA crosses with Bollinger Bands for swing trading would be amazing. thanks in advance!