Bearish view on Silver : Naked Analysis

Good morning traders,

Silver broke 2 trend lines and my bias is bearish if price holds below 20 . If the formation of Wolfe Pattern is accurate, we should see a drop till 16 area.

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles
www.realisto.net

Giao dịch đang hoạt động:

I´m taking 50% profits on the position and remaining at BE . We should see some bounce at current trend line

Giao dịch đang hoạt động:

Moving STOP to 19.1