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anilmangal
Oct 3, 2016 2:31 PM

Silver corrective structure Short

Silver/U.S. DollarFXCM

Description

Hi Guys, Silver is in a consolidation so i am looking for a sell for one more impulse down before the next big move up.


Trade with care
Thank you for your support.

Comment

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Comments
mlbo
anil, what makes this 17.00 level so prominent for considering the upmove to begin maybe? other traders would say "look left! there is support" but you dont like support+resistance as we all know. on the "right" we are now "supported" by the uptrend trendline... means nothing. i know...
BrunoSalles
Nice view. Gold get a similar move as well
sidmehta
Moving along fine to a nice high...any updates / targets? 19? And then? Thanks Anil.
AzadAryan
update?
adelph
Hi Anil,
Is it OK to buy when it hits 17.3-17.25 ?
Thanks a lot
ayildirim
Thanks for sharing Anil
As I understand from your graph work ; down trend is about to finish. And big move up is expected to start around 17.250, right?
So can we consider the same thing for gold as well?
albertwt
Does this movement will be bearish similar to Gold ?
debainnoob
Whats the take profit / exit strategy for this impulse move?
Dinkan
Do you think it is a better idea to see if the price retest the broken trendline to enter?
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