KelvinShamKaiMan

(EP #06) Kelvin Trade Ideas - XAGUSD Bat Pattern 2019-12-11

Long
OANDA:XAGUSD   Silver / U.S. Dollar
A bullish bat pattern is waiting to complete in daily chat, it provides potential reversal level (PRZ) from 15.55 to 15.20. At the same time, there is an AB=CD pattern in the same chart, it provides a PRZ (around 15.55), which is similar to the bat pattern's PRZ. With UK General elections is coming on 12 Dec 2019, the markets may become choppy in pound market that day and this may keep investors away from there. As a hedging commodities, sliver may has a clear trend this week, so I will keep focus on it.

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