iDoji

XAGUSD 1D. Update. Target Reached: Retrace Doji candle.

OANDA:XAGUSD   Silver / U.S. Dollar
Just a quick update. We got the retest of the trend line! Silver went slightly beyond my target price and has formed a Dragonfly/Hammer Doji. I'm no longer in the short trade. Look to see how often on the daily the long tailed Doji candles play out to the upside. Price action candle types helping us anticipate changes. I'm still short inclined and I will wait to see how this develops. But, I'm not giving too much of my gains back to the market.

Summary. Short term long.

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