With new moon behind us, I expect some silver weakness toward full moon date...
1st short entry: 17,40-17,45
AB=CD box
1,618ext of BC wave
2nd short entry: 17,60-17,65
0,618retr
Both areas confirmed by price action.
TP1: 17,00
TP2: 16,40
TP3: 16,00
Trade responsibly.
1st short entry: 17,40-17,45
AB=CD box
1,618ext of BC wave
2nd short entry: 17,60-17,65
0,618retr
Both areas confirmed by price action.
TP1: 17,00
TP2: 16,40
TP3: 16,00
Trade responsibly.
Comment:
If you are in this trade move stops to BE, since silver broke the wedge we should see more downward pressure, but keep in mind 0,618 area.
Trade closed: target reached:
TP1 hit