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KVE
Jun 14, 2016 8:58 PM

XAG/USD: Wedge? Short

Silver/U.S. DollarFXCM

Description

Possible wedge forming, one more wave up or not...? The breakout trade looks like a good setup!

Trade active

Looks like a good level to try a short.... SL above the previous high...

Comment

Looks like the decline has started, nice reversal...:

Comment

Sorry, wrong chart...:

Look for breakout of recent trendlines and support and for lower lows...
Comments
DownUnder
maybe Long until 15.75 then who knows...
DownUnder
17.75 broke, so I guess we are all bullish now.
DownUnder
trade still active
Ronnee
Hehya,,,if this breaks south,would 17200-250 be ok entry point. TP 38.2% then maybe 61.8%, SL 17420....find it hard getting the reference points off my iPad.,need to buy a decent desktop computer !! Cheers good luck Ron NZ
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