Silver $XAG /USDT just flashed a bearish signal of 52% that most traders will overlook.
$XAG - Short
Trading plan:
Entry: 75.75 – 75.87
Stop-loss: 76.41
Take profit 1: 75.36
Take profit 2: 75.06
Take profit 3: 74.61
Why these settings?
The RSI on the 15-minute candlestick chart is at 41.75, showing a decline. The 4-hour timeframe has a short entry at 75.81. Take profit 1 at 75.36 is only 0.6% away, but the real risk is the fake-out above 76.41. Why now? Because the daily trend is in a tight range, meaning momentum reversals are quick and sharp.#XRPETF42MWeeklyInflows #ARMAStrategicBitcoinReserve #PolymarketWalletKeyLeak #SkyBridgeCryptoFundLosses #ArkCapitalizesOnCryptoDownturns
$XAG - Short
Trading plan:
Entry: 75.75 – 75.87
Stop-loss: 76.41
Take profit 1: 75.36
Take profit 2: 75.06
Take profit 3: 74.61
Why these settings?
The RSI on the 15-minute candlestick chart is at 41.75, showing a decline. The 4-hour timeframe has a short entry at 75.81. Take profit 1 at 75.36 is only 0.6% away, but the real risk is the fake-out above 76.41. Why now? Because the daily trend is in a tight range, meaning momentum reversals are quick and sharp.#XRPETF42MWeeklyInflows #ARMAStrategicBitcoinReserve #PolymarketWalletKeyLeak #SkyBridgeCryptoFundLosses #ArkCapitalizesOnCryptoDownturns