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moneymaking
Jun 9, 2015 1:55 AM

XAGUSD: AB=CD completion (4 HR) !! Long

Silver/U.S. DollarFXCM

Description

UPDATE #1: Stopped out. Looking forward toward future trade setups.

Hello Traders,

We've already gotten harmonic AB=CD move completion. The entry for this setup is at the current market price, this could be considered an aggressive entry but we have bullish RSI divergence at previous support looking left. And we also have a favorable risk to reward ratio. See the chart for more details.

Please feel free to AGREE or DISAGREE with the idea. Hit that thumbs up button (top left corner of this chart) if you like the idea.

Good Luck :)
Comments
IvanLabrie
Looks good.
GcNaif
good one
moneymaking
Hey GcNaif, Thank you :)
moneymaking
Hey Ivan, Thank You :)
TomProTrader
You've timed the buy ins really good.

Nice work
Tom
moneymaking
Thank you Tom. Highly appreciated :)
GarryBartsch
Again, nice job. I'm watching it this way:
Expecting up.
moneymaking
Thank you Garry. Good Luck :)
moneymaking
Will you be buying after the channel breakout?
moneymaking
UPDATE #1: Stopped out. Looking forward toward future trade setups.
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