SILVER - Short Short

Silver/U.S. DollarFXCM

Description

⋅ Apr 12, 2015 9:36 AM

I don't trade silver so feedback or anything would be great..
Everything's pretty self explanatory. I'm mapped up a possible head and shoulders pattern
Looking for that bearish engulfing candle around 16.525 & 17.049.

Once n the trade looking at y targets to be:

Target 1 - 15.432 (double botton)
Target 2 - 14.636 ( -27% level)
Target 3 - 13.674 ( 61% level)

Once in the i'm going to manage and move my stops accordingly, to lock in profits.

Comments

sugardaddyFED

⋅ Apr 15, 2015 2:10 PM

Looks viable mate - I look at silver and only just posted something similar - deja vu

jangseohee

⋅ Apr 12, 2015 12:14 PM

tradingview.com/v/adItnkIa/