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RamaDeda
May 25, 2015 11:33 AM

Silver short setup - First target reached! Short

Silver/U.S. DollarFXCM

Description

I would sell at 17 with a first target at 15.6/15.5. If the support at 15.6 will be broken, I think we will see 12.5/13 as soon
Comments
AynCzubas
Yeah. I believe we are still in the last phase of a major corrective consolidation pattern (triangle). I think we will bounce around 16.30 first though, then up as far as 17.757 again, then downward to ultimately 13-14 to complete the correction from the all time high.
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