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SILVER (XAGUSD) Structure & Patterns: Bearish Movement is Coming
Silver / U.S. Dollar
Short
SILVER (XAGUSD) Structure & Patterns: Bearish Movement is Coming
By VasilyTrader
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Aug 3, 2020
6
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11
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Aug 3, 2020
Silver has formed a cute dodji + rejection candle on 4H.
trading within a strong resistance cluster the market confirmed the local bearish sentiment.
on 1H we just saw a bearish violation of a rising wedge pattern.
the breakout now is confirmed and I anticipate a decline.
target levels:
23.8
23.5
safest stop:
24.5
Commodities
Fibonacci
futures
Gold
Metals
Silver
Technical Analysis
Trend Analysis
USD
DJ FXCM Index
Wedge
XAG USD ( Silver / US Dollar)
VasilyTrader
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