Silver / U.S. Dollar
Long
Updated

XAGUSD/SILVER LONG 1:5 R

171
Reason for entry:

1. Expanding flat structure
2. Order block reaction
3. 5th wave in play
4. 4 HR engulfing candle

Entry: 37.204
Stop loss: 36.454
Take Profit:39.073

Strategy: Wait for engulfing candle to enter
Place trade at break even at 1:2R or move stop loss to 1:1 R when in PROFIT
Trade closed: stop reached

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