Silver Daytrade Short
Silver has retraced to structure now which is a Resistance Zone.
On the hourly chart a Double Top has formed. Wait for a confirmation of selling pressure , with a bearish candle formation.
Possible short on Chart
Entry - on close of bearish candle
Stop - above double top swing high by 1 atr.
Target - current swing low
RR = 2.5
On the hourly chart a Double Top has formed. Wait for a confirmation of selling pressure , with a bearish candle formation.
Possible short on Chart
Entry - on close of bearish candle
Stop - above double top swing high by 1 atr.
Target - current swing low
RR = 2.5
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.