A quick little intraday setup
Updated
Its a good consolidation triangle pattern in silver which is ideal for an intraday trade . Observe/ make use of the breakout / breakdown in that setup and aim for at least 2:1 risk to reward ratio
Note
My personal view on this is to break down as the previous week has been a good rally a retracement seems to be due .
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.