We recently went short Silver (XAGUSD)... we dont see a GME on it... Infact we think the hedge funds might just pull a sneaky on everyone!
Anyway our shorts are locked. Moving on to US30 long.
We see lots of potential for a day trade profit on this one. We have a bullish continuation pattern indicating that we could see a strong push up.
BUT! When price comes to our 38.2% on the 4H chart (left) we are planning to go short... not 100% yet we will decide when price comes there and see whats up..
Anyway our shorts are locked. Moving on to US30 long.
We see lots of potential for a day trade profit on this one. We have a bullish continuation pattern indicating that we could see a strong push up.
BUT! When price comes to our 38.2% on the 4H chart (left) we are planning to go short... not 100% yet we will decide when price comes there and see whats up..
Comment:
The trade is going well, we have a valid breakout, and we are currently retesting it.
