Short, then long SILVER

מעודכן
stops for shorts 17.249 stops for longs 14.30
עסקה פעילה
Short; put stop 14.50. The risk is very small, but reward is quite high, it will drop to low 15's unless it breaks 17.50.
הערה
i meant put stop 17.50
הערה
Not a bad rejection candle; I'm liking the way things look. I expect price within this week to retest the 17.25 level; .500 fib + resistance confluence, but it may also fall from here. If it does retest, I would recommend add a bit to short if you haven't already overleveraged :D. Risk is small the higher it gets. If it breaks down, move will be swift, swifter if it retests once or twice the 17.20s and 17.30s. Good luck!
הערה
Two routes to the breakdown:
tradingview.com/chart/sssWF4N6/
הערה
Price is very close to breaking out of the ascending channel. Let's see if it does as predicted from the last update.

s3.amazonaws.com/tradingview/snapshots/z/zTk5NeJn.png

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