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CryptoCamel
Oct 7, 2015 7:17 AM

just an idea; XAGUSD needs to gap fill Short

Silver/U.S. DollarFXCM

Description

looking for silver short positions up here. Price hit 179% fib extension of initial move which is quite normal in silver after inefficient spikes up. Hoping we see a complete gap fill, if not, at least reaching ~14.75 which aligns with S/R, 79% fib retracement of the entire move AND 62% of the initial move. Will let price action unfold before going short. One thing to watch is the USD which took quite a hit yesterday.

Trade closed: target reached

exceeded expectations :) $_$
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