Trade Setup – Spot Silver Nov. 16th

Spot Silver – Weekly Chart
After going parabolic, the formed a nascent high just above $29 but then sold off massively shedding over $3 in the process closing just above $26 forming a huge rejection and PBar formation.  Look to sell any rallies back into the rejection zone targeting $25 and the 20ema.

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Buddhist, Trader and Philanthropist

I'm Chris Capre, Founder of 2ndSkiesForex. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action. As a teacher, my passion lies in showing you how to re-wire your brain for successful trading. Want to improve your edge right now? Visit my Price Action Course page.