Silver, is it time to short?

Silver / 1D

Hello traders, welcome back to another market breakdown.

Silver has been trading in a down trend based on the Weekly time frame. The price had a deep pull-back. We notice the trend line has been rejected twice which suggets at least a pull-back on the bullish move.

I'll be waiting for a position higher for lower risk. First target for the bears would be 22.

Trade safe,
Trader Leo.

Handel aktiv:

Stops to breakeven.

Handel aktiv:

Running Nicely.

Kommentera:

Target reached