Bearish possibilities with XAG/USD
Price recently broke below a key level in an impulsive manner thus validating the breakout, price has since then been correcting towards the key level(resistance) and could be bearish until 25.68684. Ofcourse we still need rejection at the key level from price before confirming sells. We can also see that price could be forming a head and shoulders pattern, this could confirm the downtrend i am anticipating. If price breaks above the key level in an impulsive manner the bearish move would be invalidated.
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