Fxprotrader
Short

Silver: Keep A Closer Eye At This Correction

FX:XAGUSD   Silver/U.S. Dollar
Price is moving in a downtrend and selling is our best option. We may see that we are in a correction for a while and now price has reached and bounced from a slide parallel where we previously had prce action             . A very nice way to go short in silver             would be to wait for price to break below the corrective structure, wait a pullback towards the slide parallel and sell the market.

Comment: Price has been rejected once more from slide parallel and we may enter at the moment with sl an tp as shown at the chart. For those who follow and still want to go short with the breakout as described in my initial post, it's absolutely fine

snapshot
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