salamdo

silver buyers needs to take profit

Short
salamdo Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
this is my first idea here
i think it is time for buyers on silver to take some profits of their contracts .
we want to jump in as soon as we can to benefit from this potential situation .
our entry will be after a correction of a dynamic bearish wave stopping on a strong resisting area 18.00
our R/R is a always 3/1 , break even will be after 2/1 achieved

good luck
Trade active:
waiting for a clear bearish candle to take the trade
SL above the candle
R/R : 1/3 break even after reaching 1/2
always use max 1% of your account as MM .
Trade active:
trade is activated

SL : 18.17
TP : 17.36

Note :SL is more important than TP

good luck
Trade closed: target reached:
after R/R reaching 1/2
SL is on break even

good luck
Trade closed: target reached:
after reaching the target on AUDNZD last night

today we finally reached the target on silver

good luck
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.