newbietrader_TZW

Silver short opportunity

ショート
OANDA:XAGUSD   銀/米ドル
H4
  • Strong and Strong bearish momentum indicated by MACD
  • Out break of ascending channel and currently retesting the upward trendline resistance
  • lower high and lower low was formed, it shows a bearish signal

Daily
  • Trading at top of the symmetrical triangle pattern
  • Histogram of MACD was formed under 0 level, it showing a bearish momentum was stronger than bullish momentum
  • Golden cross of MACD line and Signal line above the MACD indicator chart


What to do now?
  • I strongly recommend Short the market immediately
  • The risk and reward ratio will be 1:1.5
  • Do your proper risk management
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