Bandarsq
Short

Silver Targets 18

FX:XAGUSD   Silver / U.S. Dollar
XAGUSD             is almost ready for another drop to make wave (Y) which targets 18. For more safe entry, sell the breakdown of the lower band of the triangle.
Trade closed: target reached
Silver took support near the previous swing low at 19.20$. It is possible to mark the pattern above that level as a triangle just completing now. The upside should be capped near 20.15, and downside below 19.20 to 17.80.
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This has gone according to plan nice one
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Here's short came indeed.. double long silver etf $AGQ ..
snapshot
+1 Reply
Thank you for sharing.
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You are welcome! Here we go :)
snapshot
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Thank u.. how did you derive the target. Via a fib retrace? I'm on my cell now and chart is tiny..:)
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Bandarsq PRO webmiztriz
You're welcome. It's an average of combination of targets, wave Y using Fibo levels and previous supports.
+1 Reply
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