SILVER (XAGUSD) Trading Plan

15 באפר׳ 2020

silver is breaking below a major trendline on 4H.

because for quite a while the market remains very very bullish I am looking for additional confirmation on 1H chart.

there we see a completed head and shoulders pattern and at the moment the price is approaching a neckline.

your plan is the following:
wait for a bearish breakout of a neckline,
sell aggressively or on pullback!
aim at 15.07/14.9 as your targets.

good luck!