$XAGUSD $SLV #Silver repeating 2016
Silver is a strange one, the chart looks like a volatility chart, ie sudden spikes up, which then slowly fade (unlike stocks which do the reverse).
The last cycle from Jun 16 to Jun 18 was a classic bearish descending triangle. Price action from summer 2019 looks remarkably similar to May 2016 onwards, we are now at Nov 2016, which means this is just the place to short for a 6.7:1 trade.
SELL 18.00 (MARKET), SL 18.50, TP 14.65, RR 6.7
The last cycle from Jun 16 to Jun 18 was a classic bearish descending triangle. Price action from summer 2019 looks remarkably similar to May 2016 onwards, we are now at Nov 2016, which means this is just the place to short for a 6.7:1 trade.
SELL 18.00 (MARKET), SL 18.50, TP 14.65, RR 6.7
Trade fechado: stop atingido
Stronger than expected. Stopped on Jan 8th. However triangle may still work.
David Atherton
Aviso legal
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David Atherton
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.