Silver is worrying its way down and may eventually get down to the daily trend line ($15.60 area). Short term it may break for another down. We are getting to a confluence of indicators where I believe we will see either a large correction for the second X wave or the first wave in a new up move.
That being said watch for indications that the bear moves are over.
That being said watch for indications that the bear moves are over.
코멘트:
코멘트:
I am looking for a shallow price correction and a break out of that correction, This will indicate reverse in trend. First target will be near the 4 hr trend line. I will be looking long term for the break of that and a HTF impulsive wave up. But one step at a time.
If you like my ideas please let me know with a thumbs up or a comment. If you disagree please let me know why. All constructive criticism is welcome.
Please be sure to trade your your plan and use proper money management techniques.
If you like my ideas please let me know with a thumbs up or a comment. If you disagree please let me know why. All constructive criticism is welcome.
Please be sure to trade your your plan and use proper money management techniques.
*As I am typing this there is a strong move away. Don't be too hasty wait for confirmation as this can reverse or be a slightly larger flag like a two flags above.
Let price action tell you what is happening.