Retracement to $16.46

Silver/U.S. DollarFXCM

Description

⋅ Jan 21, 2017 12:05 PM

Hi,
Silver is facing a bearish shark in H4 TF (and MA 20 Weekly).
I'm expecting a retracement to $16.5 area for a bullish continuation pattern (5-0) with $18.15 as target

Comment

⋅ Jan 22, 2017 10:08 AM

H4 bearish AB=CD

Trade closed manually

⋅ Feb 14, 2017 6:03 PM

Comment

⋅ Feb 23, 2017 5:21 PM

Short on 18.15

Comments

eskgroup

⋅ Feb 23, 2017 9:30 PM

excellent buddy! I am going to hold just a little longer...maybe till tonight (Asian session) :)

Parabolica

⋅ Feb 23, 2017 5:26 PM

Thank you, could you please write a book? Pixi's trading techniques... Honestly!

Mdotee.

⋅ Jan 28, 2017 11:41 PM

hi pixi any update given the spike which did not hit new highs?

pixi

⋅ Jan 29, 2017 4:30 PM

@Mdotee., hi ! i was waiting Silver a little bit lower for long (16.4x, silver did 16.62).
That being said, in weekly TF, there are some huge resistance between 17.3 and 17.4. So, maybe a retest of its previous high before pullback on 16.4x.
Above 17.3, long to 18.15.