
SILVER: Continuation of Descending Price Channel
Silver Today: Short Risk Reversal Strategy in a Bearish Price Channel
This article discusses the strategic use of short risk reversals in the continuing bearish price channel for silver. Graphically illustrated, with brief profit/loss and decay discussions. Excerpt: "A descending or bearish price channel is made of two parallel lines: the declining Main Trend-line (upper channel boundary) and the Channel-line or Return-line (lower channel boundary). A price channel falls under the category of a continuation pattern and remains valid until either the Main Trend-line or Channel line is broken."
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