Silver (XAGUSD, SI1!). Cup & Handle Pattern.

2016년 12월 11일

This is simple Cup & Handle pattern setup.
We are in a Handle already.
Breakup of the Lip would validate longs above $17.24.
Target = Lip (17.24) + Depth of the CUP (1.086) = 18.318
Right at that area there is a double resistance - 09NOV low + Falling trendline

Some traders enter long on the break of the Handle, which is the first resistance.
Anyway one should obey its own risk rules.

2016년 12월 15일

주문취소됨

Model was broken. Price dipped below the Cup.