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Silver has met its resistance at 17

FX:XAGUSD   白銀 / 美元
550 6 20
Traders,

Silver             has met its resistance at 17 , as left structure shows us silver             need to break it through before getting higher.

Now silver             turn down the way to go with a small broken channel.

Using 15m chart to find a short entry to short to C.
In 4h chart, use EMA 100 as a resistance to short silver             from there down to C.

Less is more!
評論: pending order at 17
評論: and 16.7
交易進行
評論: 17.020 short trade enter.
評論:
手動結束交易
評論:
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Its an Idea ;)
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Lyiness Lyiness
I am not completely sure
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Nice call already.

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@sand88, yes, thank you .
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I disagree. Look at higher TF's to get a sense of the move. It met resistance at that point because cypher was completed and 17.00 was both a structure resistance and .382. Selling pressure was predictable. The move although fast was corrective in my opinion because there was Oscillation up and down rather than a strong impulse down. To continue, breakout from corrective structure is strong suggesting continued upside
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@amags, Thank you for sharing your idea.
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