SHORT XAG ( SILVER )
1) Weekly Dialy and 4hr, all RSI overbought.
2) At Weekly Resistance
3) Went up parabolic and I expect it needs to cool down before it makes any more upwards strong moves.
4) It is trading within a channel. So its time to touch the other side of the channel.
Risk Reward: 1 : 1:44
Good Luck =)
2) At Weekly Resistance
3) Went up parabolic and I expect it needs to cool down before it makes any more upwards strong moves.
4) It is trading within a channel. So its time to touch the other side of the channel.
Risk Reward: 1 : 1:44
Good Luck =)
Trade closed: stop reached
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