KyleMcQuade
Long

XAU/USD Bullish Shark

OANDA:XAGUSD   Silver / U.S. Dollar
Hey guys,

Today I am looking at Silver             , with a bullish shark formation on the 4 hour time frame. Normally for this pattern I would feel more comfortable if the B point was at least 0.382, but the level of support at the PRZ is very strong. The support is holding as high as the weekly timeframe , which is why I am feeling drawn to this trade.

Shark Ratios are as follows:

C = 1.13-1.618
D = 1.618-2.618
X to D = 0.886-1.13

There have been a few spikes below the support- my stop loss has been placed below all of these (still with a 1:3 risk). As always I will be watching the candles to signal a reversal before entering.

I will update everyone as I go! :)

Good luck guys.
Comment: The strength of the support level is clear to see..

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out