BradSwinney

XAGUSD selling opportunity

Short
FX_IDC:XAGUSD   Silver / U.S. Dollar
3
We have a nice structured downslide happening with Silver and I expect the price to drop down to at least 15.935. If I am wrong, I will wait for the four hour candle to close above 16.660 before I exit. I place my stoploss higher than that because price may test that area and we dont want to exit until the close of the candle tells us to.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.