XAGUSD Chart bearish breakdown from descending triangle pattern

kelmarin

"XAGUSD 4H Chart – Bearish Breakdown From Descending Triangle Pattern"

📥 Entry Zone:
Sell zone: 36.20 – 35.80

🎯 Target Points:

First Target: 33.68

Second Target: 31.98

📈 Trade Setup:

Position: Sell

Entry: Near 36.00

SL (Stop Loss): Above 36.80 (Recent high)

TP1: 33.68

TP2: 31.98


💰 Risk-Reward Ratio:
Approx. 1:2 to 1:3 depending on stop-loss tightness and target selected.

📝 Summary:
XAGUSD is showing a potential bearish breakdown from a descending triangle on the 4-hour chart. The market structure indicates weakening bullish strength, with potential for price to drop to support levels at 33.68 and 31.98. Ideal for short setups after confirmation below the trendline and cloud zone

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