Hello Traders,
XAGUSD (Silver) still has some bearish moves to deliver. This can be confirmed by the bullish view of the dollar index (inserted below).
While price retraces to the weekly order block, I will be waiting. Once price enters the order block, I will be looking for a continuation of the bearish move by looking for a CHOCH on the 1-hour timeframe.
Follow me for more analysis like this.
US DOLLAR INDEX ANALYSIS
USDCHF ANALYSIS
USDSGD ANALYSIS
Cheers,
Jabari
XAGUSD (Silver) still has some bearish moves to deliver. This can be confirmed by the bullish view of the dollar index (inserted below).
While price retraces to the weekly order block, I will be waiting. Once price enters the order block, I will be looking for a continuation of the bearish move by looking for a CHOCH on the 1-hour timeframe.
Follow me for more analysis like this.
US DOLLAR INDEX ANALYSIS
USDCHF ANALYSIS
USDSGD ANALYSIS
Cheers,
Jabari