Theto_Morifi

Bearish trade idea for XAGUSG (silver) for the upcoming week.

Short
Theto_Morifi Updated   
FOREXCOM:XAGUSD   Silver / U.S. Dollar
5 motive impulse wave moves are usually followed by a 3 wave corrective move. We have a head and shoulders pattern and a break out of a Bearish rising bottom waves triangle.
An interesting trade I will be looking forward to monitoring throughout the upcoming week.


I would appreciate your various expertise and views on it, oh as well as your likes and follows, I will follow back.
Trade closed: stop reached:
Trade performed well and mild profits were secured as I was stopped out in profit.

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.