on WEEKLY: price is approaching a strong support/resistance zone in green so we will be looking for objective sell setups on lower timeframes. unless price breaks it upward aggressively, then we will be looking for objective buy setups on its retest.
on H4: price is trading inside our red channel (not valid yet) so we are waiting for a third swing to form around it to consider it objective and then enter on its break downward.
meanwhile, SILVER would be overall bullish.
on H4: price is trading inside our red channel (not valid yet) so we are waiting for a third swing to form around it to consider it objective and then enter on its break downward.
meanwhile, SILVER would be overall bullish.
This analysis is done using RichTL
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www.RichTL.com
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