Silver triple fibo projection of the last 3 cycles shows a strong resistance zone around 17.7 this area also is last daily resistance zone. As we have a bearish continuing divergence on histogram we can try to sell around that area.
Sell the break of the bottom yellow TL protecting SL above last high before the TL broke + spread + 2 pips.
Target 1 - 16.30
Target 2 - 15.20
Sell the break of the bottom yellow TL protecting SL above last high before the TL broke + spread + 2 pips.
Target 1 - 16.30
Target 2 - 15.20
