There are multiple bullish jeddingen divergences (price vs momentum) on XAGUSD 1H chart.
Silver is in an uptrend, price is currently above the EMA200.
MACD is about to cross the signal line.
I expect a drop into the direction of the EMA200 / the weekly pivot, before the uptrend is continuing.
Profit target is $16.584
Silver is in an uptrend, price is currently above the EMA200.
MACD is about to cross the signal line.
I expect a drop into the direction of the EMA200 / the weekly pivot, before the uptrend is continuing.
Profit target is $16.584
Trade closed: target reached
price went down as predicted
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⚡ ProDivergence buy.stripe.com/3cs14e15h6FiaBy6oo
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
Related publications
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.