Hi people,
My next play on Silver would be to wait the price to go down the support line marked with a white circle or retest so, I would keep my eyes on the 12 and 16H charts to confirm a divergence after the price cross down the marked area...
If the scenario end up happening...Prepare your long positions for a nice move up, specially because on the Daily chart Silver, has formed a couple of divergence moves and looks like at any given time will make a really good move up.
Note: All my analysis are based in a few elements combined, regardless of the direction of the trade, I believe as a trader, you must be able to trade in any scenario.
I don't have much time, but after seen so many bad TA ideas posted, I will try to keep posting and hopefully help some.
cheers
My next play on Silver would be to wait the price to go down the support line marked with a white circle or retest so, I would keep my eyes on the 12 and 16H charts to confirm a divergence after the price cross down the marked area...
If the scenario end up happening...Prepare your long positions for a nice move up, specially because on the Daily chart Silver, has formed a couple of divergence moves and looks like at any given time will make a really good move up.
Note: All my analysis are based in a few elements combined, regardless of the direction of the trade, I believe as a trader, you must be able to trade in any scenario.
I don't have much time, but after seen so many bad TA ideas posted, I will try to keep posting and hopefully help some.
cheers