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TheSignalyst
Oct 19, 2020 12:59 PM

XAGUSD - SILVER Sell Setup Short

SilverOANDA

Description

on DAILY: SILVER is sitting around a strong resistance and supply zone in blue so we will be looking for sell setups on lower timeframes.

on H1: SILVER formed a valid trendline in red so we are waiting for a momentum candle close below its last swing (in gray) to sell.

meanwhile, until the sell is activated, SILVER would be overall bullish and can still test the blue resistance before going down.

Good Luck!
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