Dailypaperfx888

XAGUSD PANTY DROPPER

Short
OANDA:XAGUSD   Silver / U.S. Dollar
CONFLUENCES
1. Bearish Trend = New Found Lower Highs + Lower Lows
2. Swing High From Previous High @ 23.89
To Swing Low @22.00
3. Retest Of 50% Fib Retrace
4. Multiple Rejections Daily of 50% Retrace Confirms Entry Position
5. TAKEPROFIT 1 AT FIB EXTENSION 1.618(20.846)
6. TAKE PROFIT 2 AT FIB EXTENSION 2.618(18.97)
7. FINAL TAKE PROFIT AT PREVIOUS MONTHLY SUPPORT (18.19)

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.