Short

Silver Short on Supply

Updated

Silver is approaching a Daily Supply Level and 18.40 would be a good place to short with Stop Loss at 19.20 and Profit Target at 15.80

Trade active

The trade has now been triggered at entry price of 18.40 as posted earlier. Stop loss remains the same at 19.20

Trade active

Stop Loss can be moved to Break Even as the Trade is currently at 1:1 Risk Reward Ratio.
Conservative traders can take partial profits off the table as well.

Trade active

Stop Loss can be moved to lock in half the open profits at the moment as the trade is now at a risk reward ratio of 1:2

Trade closed manually

Have closed the trade manually with a little more than 1:1.5 risk reward on the FOMC price action.

MohitMarwaha

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