ejakhsemma121

ejakhsemma121 Updated 

OANDA:XAGUSD My strategy deals more with Breakouts and Pullbacks , on the 3hr time frame i have spotted a breakout , which is not visible to the retail traders but it is to the Hedge funds ,,we might see a pull back just to liquidate bears So to avoid this wait for a pullback close to 29.8 on silver before going long , BULLS are in for a surprise 😂

05:31

ejakhsemma121 Updated 

Taking my analysis from the daily time frame, we can see that an imbalance (gaps in the market that needs to be filled) has been formed and also an evening star has also been formed on the 1hour time frame , price would test the 62% fib level to clear out imbalance before we see a strong bullish uptrend to clear out the other imbalance at the top.

ejakhsemma121

Price will retrace to the 50% or 62% fib level to mitigate all imbalances, before we see a strong bullish move , But the market Movers are aware of this, liquidity will definitely take place to remove all stop losses , so we might see a strong spike reaction around the fib levels , trade cautiously