TradingView
Rinehart
Aug 17, 2016 4:27 PM

Silver Triangle breakdown Short

Silver/U.S. DollarFXCM

Description

Silver breaking down out of a triangle consolidation. Pattern size gives us a target around 18.20

Trade closed manually

Price broke the bottom of the pattern and has now closed back inside the pattern. This fake breakout gives a good chance for a move higher so I would exit manually on the close back inside.
More