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.
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
I'm out, can't monitor too much pairs will backfire.
Reply
111 Views, 2 likes great :D
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
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
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out