fximperija
Short

#SIlver, #XAGUSD, short

FX:XAGUSD   Silver/U.S. Dollar
After this insane rally on Inflation fear, Silver             completed this bearish butterfly with RSI well overbought. The PA came close to 21 but retreated which could be a sign of a short opportunity at least to 20.37s heavy structure support . Alternatively, PA might continue up where another shorting opportunity awaits @ 21.75 on a bearish bat and previous structure highs resistance.
Note the RSI divergence between last high and current PA.
Update: Bearish butterfly invalidated, PA stopped on heavy structure res. and 141.4 fib. ext.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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