darcsherry

XAGUSD | New perspective

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darcsherry Uppdaterad   
OANDA:XAGUSD   Silver/USA-dollar
The appearance of a reversal pattern around the bearish trendline identified on the daily time frame insinuates a bearish momentum for the week.

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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) is high-risk and unsuitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
Handel aktiv:
The week has started on a strong bearish note but unfortunately, I have missed this move. So, I will be waiting to see if the market will give me a second chance at entry... Update coming soon.


Good morning
Handel aktiv:
Current update as selling momentum continues to linger>

BEARISH SIGNAL: breakdown/retest of $19.70 level
Handel aktiv:
With 230pips in profit, price continues to move in our direction. Securing position


Good morning
Handel aktiv:
UPDATE

Handel aktiv:
Rejection of $1,930 area will welcome another position as projected

Handel aktiv:
Multiple rejections of the $19.30 area in the last 4 hours insinuate that bearish tendencies are still feasible from this juncture on the chart. Sellers have continued to reject bullish attempts from the $19.30 area, so selling below this level looks sensible.

Handel aktiv:
UPDATE

Handel aktiv:
Multiple entries dovetail to over 1,000pips profit and stop-loss moved accordingly as sellers continue to impose presence since the beginning of the week.


Good morning
Trade stängt: målet nått:
Trade closed with over 1,800pips in profit (multiple entries). Update coming soon

Handel aktiv:
Another selling opportunity lining up as I look forward to trading breakdown/retest of the $18.90 level.

Handel aktiv:
A breakdown of the $18.90 happened overnight, will there be a trend continuation to the downside? Looking for a selling opportunity below the $18.90


Good morning
Handel aktiv:
UPDATE

Securing position

Handel aktiv:
UPDATE

Over 700pips in profit, securing position

Trade stängt: målet nått:
Trade close with 780pips profit

Happy weekend


Trade smart. Trade consciously
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