SILVER (XAGUSD): Breakout & Bearish Continuation 🪙

Zaktualizowano
snapshot

Hey traders,

At the end of December, Silver reached a strong horizontal resistance level.
Then the price formed a descending triangle formation - bearish accumulation pattern.

Breaking its support this morning the market confirms an overwhelming bearish pressure.

I expect a bearish move to 21.6 level.

Look for an occasional retest of the blue structure as your entry.
Safe stop will be at least above the falling trend line of a triangle.

❤️Please, support this idea with like and comment!❤️
Uwaga
Check my new analysis on GBPUSD:
GBPUSD: The Zone to Watch 🇬🇧🇺🇸
FibonacciforecastGoldgoldtradingMultiple Time Frame AnalysisSilversilveranalysissilvershortTriangle

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/
Również na:

Powiązane publikacje

Wyłączenie odpowiedzialności