VasilyTrader

SILVER (XAGUSD) Structure & Patterns: Bearish Movement is Coming

Short
OANDA:XAGUSD   Silver / U.S. Dollar

Silver has formed a cute dodji + rejection candle on 4H.
trading within a strong resistance cluster the market confirmed the local bearish sentiment.

on 1H we just saw a bearish violation of a rising wedge pattern.
the breakout now is confirmed and I anticipate a decline.

target levels:
23.8
23.5

safest stop:
24.5

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.