Trade Setup: XAG/USD – 27 Sep 2016

Trade Setup: XAG/USD – 27 Sep 2016

Candle Stick Pattern: Bearish Engulfing at 2nd and 3rd bar, also a variation of Evening Star at (1)
Confirmation:

Touched outer band of Bollinger Band at (1).
Stochastic overbought range at (4).
Retesting previous resistance at (3).
Increase in volume at last bar also confirming the…
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#ForexAdvices, #ForexTradeSetups

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