SolomonsView

#SILVER #XAGUSD break of corrective channel

Short
TVC:SILVER   CFDs on Silver (US$ / OZ)
The downside break in prices is a possible opening for the re-entry on the downside. Watch for the risk level to hold. If prices do not re-enter back into the channel in the coming few hours, the downmove should sustain
Trade closed manually: Preferable to book profits now, an inverse H&S is shaping up, so a rally could comeup
Entry 24.75
Exit 23.6

larger trend remains down
Michael @ SolomonsView

Twitter - @SolomonsView

Comments

Hi, time to book some profits and play for a pull back trade?
Reply
Hi, trade seems to be working....whats your target now?
Reply
SolomonsView pkinvestor
@pkinvestor, Below 21.5
Reply
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