Retracement in a downtrend Short

Silver/U.S. DollarFXCM

Description

⋅ Dec 30, 2016 3:49 PM

The high of the first December week has been retraced by over 38 %. Thus the trend may continue.

⋅ Mar 13, 2017 12:48 AM

I am taking the retracement down to minimize the loss and close this position.