XAGUSD brokeout above the ascending triangle resistance as expected from my previous analysis.
The market is testing a projected ascending channel resistance.
Potential retracement to the ascending channel support + flip support + fibonacci retracement levels.
RSI is printing a bearish divergence signal.
The market is printing a minor descending triangle pattern.
Sell entry ⬇️ - breakdown below the minor descending triangle support.
Target - fibonacci retracement levels.
The market is testing a projected ascending channel resistance.
Potential retracement to the ascending channel support + flip support + fibonacci retracement levels.
RSI is printing a bearish divergence signal.
The market is printing a minor descending triangle pattern.
Sell entry ⬇️ - breakdown below the minor descending triangle support.
Target - fibonacci retracement levels.
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