Silver, is it time to short?
Silver / 1D
Hello traders, welcome back to another market breakdown.
Silver has been trading in a down trend based on the Weekly time frame. The price had a deep pull-back. We notice the trend line has been rejected twice which suggets at least a pull-back on the bullish move.
I'll be waiting for a position higher for lower risk. First target for the bears would be 22.
Trade safe,
Trader Leo.
Hello traders, welcome back to another market breakdown.
Silver has been trading in a down trend based on the Weekly time frame. The price had a deep pull-back. We notice the trend line has been rejected twice which suggets at least a pull-back on the bullish move.
I'll be waiting for a position higher for lower risk. First target for the bears would be 22.
Trade safe,
Trader Leo.
Trade active
Stops to breakeven.Trade active
Running Nicely.Note
Target reached
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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.