XAGUSD Sell IdeaXAG/USD - Sell Limit Opportunity After Liquidity Sweep
Silver (XAG/USD) has reached a key liquidity zone above resistance, presenting a strategic sell limit opportunity. The price action indicates a potential reversal as the market absorbs buying pressure in this area.
Key Observations:
Liquidity Sweep: Price action spiked above a significant resistance level, triggering stop-losses and trapping buyers.
Market Structure: Bearish signs are emerging as the price struggles to maintain momentum above the liquidity zone.
Optimal Entry: A sell limit placed at aligns with the liquidity grab and anticipated reversal.
Trade Plan:
Entry: Sell limit at , positioned to capitalize on a rejection from the liquidity zone.
Stop Loss: Above the liquidity sweep to account for volatility.
Take Profit: Targeting support levels at for a strong risk-reward ratio.
Risk Management:
This trade setup leverages the liquidity grab for a high-probability reversal, but disciplined risk management remains essential. Monitor price action for confirmation of bearish momentum before scaling into the position.