DesmondMeyer

XAGUSD (Silver) Short Idea

Short
FX:XAGUSD   Silver / U.S. Dollar
A sell I was looking at all week last week on silver. We were making lower lows and lower highs on higher time frames and seeing how the indexes' (US30, NAS100, SPX500) were selling off in someway last week made this trade more probable. We got close to entry but never traded into my marked entry. Nonetheless, we came back and filled my entry giving 2 attempts at it before we dropped. My target was targeting a new lower low on the higher time frames (1HR-4HR)
Comment:
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.