XAGUSD decision point. Trade the break and retest.
Diupdate
Silver is currently trading in a bearish descending triangle formation which is generally a continuation pattern. In this case it is likely to break down. Take the short at the break below the support and retest. For silver to be bullish and warrant a long it would need to break above the descending triangle top and also break the downtrend resistance in which case a long would be the way you want to go on a retest of the downtrend line.
Leaning bearish here due to the bearish descending triangle.
Leaning bearish here due to the bearish descending triangle.
Trade aktif
Opened short positionCatatan
Closed 50% of position at $15.00Catatan
Closed the remaining 50% of the position at $14.283Trading ditutup: target tercapai
Closed the remaining 50% of the position at $14.283
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.