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
Reply
I'm out, can't monitor too much pairs will backfire.
Reply
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?
Reply
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.
Reply
Yahia.Awes timwest
I hope you made some money with this call :)
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out