Short XAGUSD at 18.0 on expected reversion from upper trend line

A good sell in XAGUSD at 18.00 as the prices are likely to take a pull back from the upper trend line of the falling channel. We can see, the pair trades in a falling channel pattern since September beginning and every time the silver prices hit the upper trend line of the channel, it reversed off and vice versa. The pair can possibly repeat the scenario. So, the traders are advised to initiate a short position once the prices reverses from 18.00. The first target can be at the middle line of the channel near 17.11 and if it dives below this level then the next target can be at mid 16.00s.

Trade Information:

Entry- 18.00
TP 1- 17.11
TP 2- 16.50
SL- 18.25