Hey traders,
On the silver 4 hour timeframe we can see that price is stuck inside this triangle thing. So it's just a matter of time before price will break out somewhere.
Bearish setup: Sell stop.
Bullish setup: Wait for breakout and then the retracement.
Cheers
On the silver 4 hour timeframe we can see that price is stuck inside this triangle thing. So it's just a matter of time before price will break out somewhere.
Bearish setup: Sell stop.
Bullish setup: Wait for breakout and then the retracement.
Cheers
Trade active
Note
Let's move the stop loss to the entry :)Trade closed: target reached
There we go. Good riding with you.
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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.
Related publications
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.