Hi traders
Silver XAGUSD is in a strong downtrend, now is forming a wedge pattern.
We should look for price action to break down to short Silver!
I’ll wait for price break the trendline down, and have a good price action pattern to short…
I will update the idea as price starts moving…
Take profit targets in the chart first at previous low, second at 14
Good trading!
Xavi.
Silver XAGUSD is in a strong downtrend, now is forming a wedge pattern.
We should look for price action to break down to short Silver!
I’ll wait for price break the trendline down, and have a good price action pattern to short…
I will update the idea as price starts moving…
Take profit targets in the chart first at previous low, second at 14
Good trading!
Xavi.
Note
Hello, price has broke the trendline, we can short now around 14.6 or wait for a reatracement at 14.70Trade closed: stop reached
Stop Loss Hit!
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.
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.