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naveen_kumar_PS

A quick little intraday setup

Silver Mini Futures (MCX:SILVERM1!)  
naveen_kumar_PS Updated   
MCX:SILVERM1!   Silver Mini Futures
Chart Patterns Wave Analysis Trend Analysis
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chartpattern waveanalysis trendanalysis
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
Comment:
My personal view on this is to break down as the previous week has been a good rally a retracement seems to be due .
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