$XAG I'm waiting for a pullback long entry. This rally is strong, but overextended short-term. 📈
HTF (4H/Daily) Narrative: Clear bullish trend. Price is above all key EMAs (9, 15, 50, 100, 200) with higher highs and higher lows. However, the 1D RSI hit 84—deeply overbought. The trend is intact, but a healthy retracement is due.
Market Psychology: The crowd is split. Late bulls are FOMO-buying here at the top, while stubborn shorts are being squeezed (funding slightly positive). The trapped traders will be those buying the top if we correct sharply.
My Execution (LTF 1H/15m): I'm not buying strength. I'll enter on a pullback to support and the rising EMA confluence, around 108.50 - 110.00. That's where weak hands exit and the trend resumes.
Trade Plan:
• Bias: Long (Trend Pullback)
• Entry Zone: 108.50 - 110.00
• Stop Loss: 106.80 (below the EMA cluster & recent swing low)
• TP1: 114.00 | TP2: 117.00 | TP3: 120.00 (New Highs)
• R:R: 1:3+ ⚡
• Invalidation: A sustained 1H close below 106.50. That would break the higher low structure.
This is a trend-following setup. The strength is the clear HTF trend aligning with a logical LTF entry. Patience to buy the dip is key.#USIranStandoff #StrategyBTCPurchase #FedWatch #TSLALinkedPerpsOnBinance #SouthKoreaSeizedBTCLoss

