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LingYan
Dec 22, 2016 4:43 AM

Possilbe Head Shoulder Pattern in Silver forming Long

Silver/U.S. DollarFXCM

Description

MACD Divergence in daily and H4 chart warn us a possible reversal or at least a pullback is likely to happen. In smaller timeframe H1, a possible head shoulder pattern is forming, if price could sustain, a buy with SL at the previous low seems like a good ideas

Comment

If you follow this setup, you should have some profits already, please move your stop to BE, make it risk free. let's see how it goes
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