XAG/USD - Buy Limit Opportunity

#XAG/USD#

XAG/USD - Buy Limit Opportunity at Key Liquidity Zone
Silver (XAG/USD) has swept liquidity below a critical support level, creating a high-probability buy limit setup. This move suggests the market is absorbing selling pressure, signaling potential bullish momentum from this zone.

Key Observations:

Liquidity Grab: Price dipped below a significant support level, triggering stop-losses and trapping sellers, indicating a possible reversal.
Market Structure: Early signs of bullish rejections at the liquidity zone align with a potential upward move.
Optimal Entry: A buy limit at targets the liquidity zone for an anticipated bounce.
Trade Plan:

Entry: Buy limit placed at for a strategic entry point.
Stop Loss: Below the recent liquidity sweep to protect against false breaks.
Take Profit: Targeting resistance levels around for a strong risk-reward ratio.
Risk Management:
This setup leverages liquidity dynamics for a high-probability trade, but careful position sizing and disciplined risk management are essential. Monitor price action closely for bullish confirmation.