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XAGUSD LOOKS TO BE FORMING A BULLISH PENANT
Silver / U.S. Dollar
Long
XAGUSD LOOKS TO BE FORMING A BULLISH PENANT
By perlboy
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Updated
May 18, 2016
2
May 16, 2016
Not a perfect form but not far off. Risk reward is sitting @ +3. Entering trade in stages between 16.8 -> 17.1, initial target at 19.5.
Reposting without HullMA.
May 18, 2016
Trade active
Target hit, trade opened from 16.9, stop loss @ 16.6
May 19, 2016
Trade closed: stop reached
Stop loss @ 16.6 hit, looks like deeper correction to 16.1 at least.
XAG USD ( Silver / US Dollar)
xagusdlong
perlboy
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