Silver has met its resistance at 17 看空

Silver/U.S. DollarFXCM

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⋅ 2017年5月19日早上12點41分

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!

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⋅ 2017年5月21日晚上11點00分

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⋅ 2017年5月22日上午10點52分

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

FUNTRADER-Vera

⋅ 2017年5月21日晚上11點35分

@amags, Thank you for sharing your idea.

Silver has met its resistance at 17 看空

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