gamedummy777

XAG Next MONDAY, Key level 23.40-23.44

Short
OANDA:XAGUSD   Silver / U.S. Dollar
Ok, the trendline is broken. Now we will start the descent. If for example XAG tries to go up and approaches the key level at 23.40-23.44 and it fails to pass then the candle goes down. Then the potential down will be very large because of 3 things:
1. The rising trendline is broken (break out)
2. Double top
3. Momentum loss

XAG should touch 23.00-22.9 before rising again in the daily trendline, so my option is op Sell when fail to break key level, wait until close candle TP 23.00-22.9, SL in 23.44-23.50

And for the buying opportunity, we wait until reach 23.00-22.9, if cant break that level buy
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