ASAD_G47

Silver / USD : SHORT Trade Call - Reverse Cup& Handle formation

Short
ASAD_G47 Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
On 1h scale reverse Cup & Handle are forming. Double bottom 2 may only result in making the Handle besides there is no RSI Bullish Divergence seen, therefore, planning on taking trade (Entry: Sell Stop) once it breaks Resistance level this will ensure that if Double bottom does play and take the trend upwards then my trade should not trigger. On the other hand, if trade triggers then it is likely to go downwards testing the length equal to cup height.
My trade values are depicted on Price chart.
Comment:
On MT4 use symbol of XAGUSD for Silver/USD
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