SELL XAG/USD
XAG/USD
Sell
Entree: 28.790
Take profit: 23.300
Stop loss: 29.350
Silver is making a double top, i think its gonne make a retrace to the 0.618 fib level.
For the further levels i am not sure, but if it goes down the way i think. Silver will make a head and shoulder pattern so i would sell it again to the 0.5 fib level. After the sell off i would go in for a buy around the tp of the second sell.
i will look for this set up in the future.
Have a good day.
GV
Sell
Entree: 28.790
Take profit: 23.300
Stop loss: 29.350
Silver is making a double top, i think its gonne make a retrace to the 0.618 fib level.
For the further levels i am not sure, but if it goes down the way i think. Silver will make a head and shoulder pattern so i would sell it again to the 0.5 fib level. After the sell off i would go in for a buy around the tp of the second sell.
i will look for this set up in the future.
Have a good day.
GV
Trade closed: target reached
I suggest u close the trade on tp 1Enjoy the profits.
GV
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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.