If you observe 2 the swings in the down trend silver's action should see that the retracements are less pronounced in the second one (at least as far as now).
Adding the downside break of what seems to be a triangle in the short term, adds downside pressure
I propose to sell 1% below the up trend line to assure the down side movement with the 29.12 as objective and the stop loss 1 tick above the recent high (starting the triangle form).
Adding the downside break of what seems to be a triangle in the short term, adds downside pressure
I propose to sell 1% below the up trend line to assure the down side movement with the 29.12 as objective and the stop loss 1 tick above the recent high (starting the triangle form).