Silver retest wedge pattern Short

Silver/U.S. DollarFXCM

Description

⋅ Mar 31, 2017 1:11 PM

Silver recently broke the wedge pattern and now is going to retest it and likely price will bounce off the pattern. Also here is 0,618 strong fibo level.

Trade active

⋅ Mar 31, 2017 1:20 PM

Comment

⋅ Mar 31, 2017 6:52 PM

RSI shows us divergence

Trade closed: stop reached

⋅ Apr 4, 2017 5:04 AM

take profit wasn't hit just because few pips

Silver short XAG USD ( Silver / US Dollar)618 Fibonacci Retracement

Comments

quql

⋅ Apr 1, 2017 1:26 PM

Hello mate, I'm looking for more confluence to short silver :)
and your chart come in a right time :)

here are my expectations

Moshbi

⋅ Apr 1, 2017 4:45 PM

@quql, Nice chart, next week we will see whether was it just false breakout :)