tntsunrise
Short

Silver Bearish Butterfly Completed

FX:XAGUSD   Silver/U.S. Dollar
2832 13 83
Silver             Bearish Butterfly Completed
The Reversal Point is at 16.09
Price Action shows bearish signal.
RSI overbought

Short Silver             and SL above 16.15
TP1: 15.54
TP2: 15.19
TP3: 13.66
Comment: Droped Nicely
Now is 15.72
Comment:
snapshot

First Target Hit
Comment: NICE DROP, TP2 HIT AND now towards the final target
Comment:
snapshot

After NFP, silver continue to drop.
this is a good pull back and retest trade
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Tx mate.
Reply
Great trade Jack, Thanks!
Reply
Thanks Jack
Reply
Jack..Too good..dot on Target..Hats off to your analysis!
Reply
good going
Reply
Yes going good. Tx
Reply
sir, may I ask how come you place perfect reversal point with very tight SL? It can be 16300 since it still in the resistance area..
snapshot
I look forward for your reply. Thanks! :D
+1 Reply
tntsunrise TOP queenrossana
That's the power of harmonic pattern
Reply
man you are amazing! it was unsteady around 15.97-16.01 and I jumped for a short @ 15.9845 with 16.18 SL..Thank you soo much!
now Im sorta overleveraged and put a tighter SL.. at where would you suggest that?
Reply
PERFECT SETUP AS ALWAYS THANK YOU SR!!
Reply
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