Argento / Dollaro
Short

TRADE OF THE WEEK | Classic Fibonacci Short

706
istantanea

Hey traders,

Here is a great short trade that I caught this week on Silver.

The market reached a key daily level and I was looking for a pullback from that.
The confirmation that I was looking for was a breakout of a rising trend line.

SILVER (XAGUSD) Very Bearish Outlook 🥈


Then, once the price broke and closed below, I set my sell limit order on a retest of that matching with 618 retracement of the last bearish leg.

Very cute winner and a rule-based trade.

❤️Please, support this idea with a like and comment!❤️

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.