Hey traders,
After a bearish breakout of a key level on a weekly, I was looking for shorting opportunities on Silver.
Nicely recovering the market reached a strong horizontal structure yesterday.
On 1H time frame, the market formed a head and shoulders pattern.
21.51 - 21.55 is its horizontal neckline.
To short with a confirmation, wait for an hourly candle close below that.
Then sell aggressively or on a retest.
Goals will be:
21.25
21.0
If the price sets a new higher high on 1H, the setup will be invalid.
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