Yahia.Awes
Short

Too much resistance?

FX:XAGUSD   Silver/U.S. Dollar
130 5 8
Price is getting rejected to go higher, BUT also rejected to go lower. Chart shows we trade in a triangle.
snapshot

I think we will make a double bottom on that triangle before it chooses direction.
4H timeframe also shows a beautifull hidden bearish divergence.
111 Views, 2 likes great :D
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I'm out, can't monitor too much pairs will backfire.
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I like the setup, can you repost when there is a signal triggered? Also, how much do you risk when you take a trade like this?
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Yahia.Awes timwest
Tim, my short was triggered at the trendline touch. I just share my idea here, not providing signals because everybody has to know what he/she does.
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Yahia.Awes timwest
I hope you made some money with this call :)
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