FxShzd

XAGUSD Short

Short
FxShzd Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
What I see is quite clear, Price touched strong monthly Trend Resistance and rejected then we almost close to break strong Support trendline daily, as soon as we confirm breaking our Support trend, we wait for first pull back in one of the scenarios in higher highs we jump in a trade. For now 1. we wait to see if daily support trendline can be break or no 2. we wait to see which scenario going to be choose 3. we jump in trade with first higher high 4. with very rational R:R,

Good luck Guys,
Comment:
As you see we making double top, which soon with first candle pattern lets us to enter sell position, Keep it in your watch list soon we enter
Comment:
Price made double top perfectly, we reached our first Profit target as we have determined, lets go for second target, we have to wait to break our support line by end of today ... and then we can make second entry if you still missed the trade in first lower high ... : )

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