XAGUSD, Silver, Sell on H4 Short

SilverOANDA

Description

⋅ Jul 22, 2018 6:37 AM

H4:
- Structure: Downtrend
- Tendency: Strong downward
- Broken support and closed below
- The present: Pullback--> Test resistance
--> Waiting signal--> Sell

Comment

⋅ Jul 27, 2018 11:45 AM

The price tested resistance and moved down!

Trade closed: target reached

⋅ Aug 26, 2018 9:30 AM

Comments

VinodSharmab4

⋅ Jul 26, 2018 1:47 AM

I think u are a very responsible trader

VinodSharmab4

⋅ Jul 26, 2018 1:47 AM

Dat Tong - don't make such mistakes
Ban is not good for us

Peymana71

⋅ Jul 23, 2018 7:01 AM

have to be disagree with you.

UnknownUnicorn493766

⋅ Jul 23, 2018 8:53 AM

@Peymana71, I think 14.500 is the ultimate target. Some time off, but the weekly acceleration to the downside is something i would not like to get long against. I see what your seeing. I think the pattern is more a descending triangle. It will be interesting to see who's right. Good luck to you. I don't have cash in on this one, but i'm keen to see my analysis work out. Whats your opinion of the weekly chart ?

UnknownUnicorn493766

⋅ Jul 22, 2018 9:29 AM

1.5 : 1 swing trading perspective ?, entering now.. Giving Stop alot of room.

UnknownUnicorn493766

⋅ Jul 22, 2018 9:25 AM

WEEKLY - Acceleration to the downside on the weekly over the pst 6 weeks.

DAILY - Level at the 15.600 handle, broken resistance

4HR - Downwards T line, 50 EMA aligning

STOCH RSI - over bought on the 4hr.

Looks good for a Short entry, Thanks

DatTong

⋅ Jul 22, 2018 9:33 AM

@gremic, Thanks for your idea !

VinodSharmab4

⋅ Jul 22, 2018 6:47 AM

Enjoy your sunday

VinodSharmab4

⋅ Jul 22, 2018 6:47 AM

Thanks Dat Tong

VinodSharmab4

⋅ Jul 22, 2018 6:44 AM

It means Gold also is going to fall from 1235-1240 level