Fxprotrader

Silver Sell Setup

Short
Fxprotrader Updated   
FX:XAGUSD   Silver / U.S. Dollar
Looking in Silver's chart we can clearly see that a previous corrective structure has been broken from a sharp move to the down.. Price pulled back restesting the broken trendline and after a smaller sharp move it's correcting once again. A very nice spot to go short.

Stoploss and profit targets as shown at the chart.
Trade closed: stop reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.