Silver has completed a Cup pattern with the price breaking above it this week.
Yesterday's pull back may start a Bull Flag, delayed Handle of the Cup, same as the mid April Bull Flag that gave an excellent buy above the MA50 (1d).
Trading Plan:
1. Buy on the 1.0 Fibonacci level.
Targets:
1. 38.500 (the 2.0 Fibonacci extension).
Tips:
1. The RSI (1d) is also trading on a similar pattern as April. A neutral (1d) RSI is perhaps the most efficient buy signal there is.
Please like, follow and comment!!
Notes:
Past trading plan:
Yesterday's pull back may start a Bull Flag, delayed Handle of the Cup, same as the mid April Bull Flag that gave an excellent buy above the MA50 (1d).
Trading Plan:
1. Buy on the 1.0 Fibonacci level.
Targets:
1. 38.500 (the 2.0 Fibonacci extension).
Tips:
1. The RSI (1d) is also trading on a similar pattern as April. A neutral (1d) RSI is perhaps the most efficient buy signal there is.
Please like, follow and comment!!
Notes:
Past trading plan:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.