The entry filled and the call is being tracked candle by candle.
What is the logic behind this XAGUSD long?
Written by the trader before the outcome was known, and never edited since.
Long $XAGUSD @ 61.144: trendline confluence retest with 50EMA defense and hidden continuation divergence on RSI (48.6).
Thesis at publication
The longer case, also locked at publication.
Price level 61.144 crucial, it's this morning's high retest, a near-perfect trendline confluence spot. 50 EMA dynamic defense plus RSI(48.6) hidden continuation divergence indicate momentum flip, suggesting a longs opportunity. Target 62.575, a multi-touch resistance level, while stop placed beneath today's range low offers a clear risk : reward.
Market context
What was true around XAGUSD when this call was published.
There were no other open XAGUSD calls when this was published.
1 graded calls, 100% closed above breakeven, mean +1.87R. Frozen as of the post — it is not recomputed.
Across all 14 graded XAGUSD calls on TradeLiveX from 14 traders, 57% closed above breakeven with a mean of +0.38R.
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