SV1!. Silver. One more short attempt

Updated
I still expect a pish up on DXY and, as a consequence, a move down on Gold and Silver. Spotted a possible Gartley pattern which correlates with a bounce down from the Hagopian Line of my bearish fork.

Will take a short position on a Hagopian re-test or when price breaks back into a bearish fork.
SL: 20.50
TP1: 18.70
TP2: 17.90
Trade active
Shorted 19.76, now at breakeven. WE will probably have a level re-test at 19.42 approximately, looks like a good point for adding more shorts
Trade closed: target reached
Looks incredible until it happens
CommoditiesdollarDXYFORKhagopianSilverSV1!DJ FXCM Index

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
Also on:

Related publications

Disclaimer