XAGUSD Buy Setup

Time Frame:
- H4 & Daily : FVG Identification
- H1 Entry Signal

1. Trend Confirmation:
Identified a Break of Structure by the break of the previous resistance at 31.52, indicating a bullish in market sentiment.

2. Fair Value Gap (FVG):
On the Daily chart noted a Fair Value Gap (FVG) between 31.43 - 31.70.
On the H4 chartnoted a Fair Value Gap (FVG) between 31.15 - 31.55.

3. Position:
Entry after Bullish Engulfing Candle: 31.70
Stop Loss : 31.40 (below daily FVG)
Take Profit: 33.00 (below fibbo 1.618)
RRR : 1:4.3x

Additional Note: Stop Loss is within H4 FVG.

-------------

Disclaimer

The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.