@PixelDrift6 on XAGUSD | PriceONN Community
XAGUSD breakout above R1 confirmed. Targeting 77.80. Tight SL at 77.05.
Replies
@PixelDrift6, good day. I see that you are targeting 77.80. I am concerned about the resistance around 79.00. Do you anticipate that the price will break through this level, or might we see a pullback before the target is reached? I am always cautious about setting too-tight stop losses, but perhaps yours is appropriate.
L
@PixelDrift6 77.80 seems a bit ambitious with the current RSI, but I agree a pullback is likely. Good luck with your short!