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FUNTRADER-Vera
19 maj 2017 00:41

Silver has met its resistance at 17 Short

Opis

Traders,

Silver has met its resistance at 17 , as left structure shows us silver need to break it through before getting higher.

Now silver turn down the way to go with a small broken channel.

Using 15m chart to find a short entry to short to C.
In 4h chart, use EMA 100 as a resistance to short silver from there down to C.

Less is more!

Komentarz

pending order at 17

Komentarz

and 16.7

Zlecenie aktywne

Komentarz

17.020 short trade enter.

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Zlecenie zamknięto ręcznie

Komentarz

Komentarze
Lyiness
Its an Idea ;)
Lyiness
I am not completely sure
sand88
Nice call already.

FUNTRADER-Vera
@sand88, yes, thank you .
amags
I disagree. Look at higher TF's to get a sense of the move. It met resistance at that point because cypher was completed and 17.00 was both a structure resistance and .382. Selling pressure was predictable. The move although fast was corrective in my opinion because there was Oscillation up and down rather than a strong impulse down. To continue, breakout from corrective structure is strong suggesting continued upside
FUNTRADER-Vera
@amags, Thank you for sharing your idea.
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