SILVER - The Fall of a Balloon! 🥈🎈

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

After an aggressive bullish movement late 2021, SILVER has been overall bearish trading inside the red falling broadening wedge , and it is currently retesting the upper red trendline.

Moreover, the zone 25-26 is a strong resistance zone.

📌So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance zone and upper red trendline. (acting as non-horizontal resistance)

📕As per my trading style:
As SILVER is around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

🗒All Strategies Are Good; If Managed Properly!
~Rich