SILVER (XAGUSD) | Possible Reversal Area Short

Silver / U.S. DollarFOREX.com

Description

⋅ Oct 25, 2019 8:07 AM

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

Comment

⋅ Oct 25, 2019 12:58 PM

...and now, be patient and wait for it!
"8! Wait for a bearish candlestick formation from the 4H to trigger it!"

Trade closed: target reached

⋅ Oct 28, 2019 1:52 PM

Comments

PeterMeter

⋅ Oct 25, 2019 8:26 AM

thanks for your good content

VaidoVeek

⋅ Oct 25, 2019 8:27 AM

@vmesserli, you are welcome ;)

lee_0010100101000

⋅ Oct 25, 2019 1:40 PM

I copy your trade and Im learning from you. thanks for your work.
To understand your charts better, you are looking for 17.43 as a first target? or 17.71?

VaidoVeek

⋅ Oct 25, 2019 5:09 PM

@leo_tradingview_, Hi,
Usually, arrow peaks are also targets!

Regards!