SILVER (XAGUSD) | Possible Reversal Area
Hi,
Criteria:
1) 2x AB=CD
2) Channel projection
3) Strong area (light-blue)
4) Fibonacci Retracement 50%
5) Fibonacci Extension 127%
6) 2013 low
7) Tiny orange dotted trendline
8! Wait for a bearish candlestick formation from the 4H to trigger it!
If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
Criteria:
1) 2x AB=CD
2) Channel projection
3) Strong area (light-blue)
4) Fibonacci Retracement 50%
5) Fibonacci Extension 127%
6) 2013 low
7) Tiny orange dotted trendline
8! Wait for a bearish candlestick formation from the 4H to trigger it!
If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Best regards,
Vaido
Trade closed: target reached:
"8! Wait for a bearish candlestick formation from the 4H to trigger it!"