Short Silver
The price breaks out on range on daily chart. Additionally, the resistance trend line (weekly chart) holds. --> double Bearish signal
COT index bearish and from the week after this week bearish saisonality.
A daily close below 22.20 would be additional sign of weakness
SL: 24.75 (above high of range)
Target: ~18.50 (previous tripple bottom)
RR: ~1.8
Manage your risk and take your own decisions.
COT index bearish and from the week after this week bearish saisonality.
A daily close below 22.20 would be additional sign of weakness
SL: 24.75 (above high of range)
Target: ~18.50 (previous tripple bottom)
RR: ~1.8
Manage your risk and take your own decisions.
Trade active
Trade closed: stop reached
trailing stop reached
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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.
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.