11021992

Silver: Bullish and Bearish setup

Short
11021992 Updated   
FX:XAGUSD   Silver / U.S. Dollar
Hey traders,

On the silver 4 hour timeframe we can see that price is stuck inside this triangle thing. So it's just a matter of time before price will break out somewhere.
Bearish setup: Sell stop.
Bullish setup: Wait for breakout and then the retracement.

Cheers
Trade active
Comment:
Let's move the stop loss to the entry :)
Trade closed: target reached:
There we go. Good riding with you.
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.