Short on Silver based on trend break for nice lil intraday trade
A tidy little trend line break on the 30 min chart. Lots of fundamental indication of continual bearish pressure. Failure to breach the 16500 area is a secondary confirmation. good RR at 1:2 approx
As a conservative trader ill be taking profit at the most recently broken resistance at 16.126. with TP set to 16130.
As a conservative trader ill be taking profit at the most recently broken resistance at 16.126. with TP set to 16130.
Note
Oh well, this one checked out. I hope I didn't have my stops too tight!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.