Silver / U.S. DollarShort
SHORT SILVER (XAGUSD) Based on Trend Exhaustion & Mean Reversion
The line-work pretty much spells it out ...
Not shown are the pitchforks that generated some of the trendlines. The Resistance/Support Channel is derived from the same. The AVWAP establishes the "horizontal" (i.e. "momentary) component of the range, while the diagonals establish the "arguably more reliable"trading range. The anchored Volume Profile lends further corroboration.
Not shown are the pitchforks that generated some of the trendlines. The Resistance/Support Channel is derived from the same. The AVWAP establishes the "horizontal" (i.e. "momentary) component of the range, while the diagonals establish the "arguably more reliable"trading range. The anchored Volume Profile lends further corroboration.
adrian dyer
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adrian dyer
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.