17.4 Target Short

Silver/U.S. DollarFXCM

Description

⋅ Aug 20, 2016 12:18 PM

Silver is under a weekly shark bearish.
There is also a nice confluence with the 0.618 retracement of the AB leg (see chart)

I'm expecting a correction on this pair to 17.5$ area in order to complete a 5-0 bullish pattern.