SILVER (XAGUSD) Great Trading Setup For Today🥈
Hey traders,
After a bearish breakout of a key level on a weekly, I was looking for shorting opportunities on Silver.
Nicely recovering the market reached a strong horizontal structure yesterday.
On 1H time frame, the market formed a head and shoulders pattern.
21.51 - 21.55 is its horizontal neckline.
To short with a confirmation, wait for an hourly candle close below that.
Then sell aggressively or on a retest.
Goals will be:
21.25
21.0
If the price sets a new higher high on 1H, the setup will be invalid.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.