MartB

MartB

I took a short on PAPER silver at 17.05. It seems we have an A-B-C consolidaton pattern going on. So I would like to catch the next impulse down. If the price catches the box, I will confirm if its really an impulsion. Its only my opinion, do your own analysis before trading. MartB

MartB Updated 

I have enter in the blue box because the chart was showing a consolidation since April 2. What comes after a consolidation? An impulsion! So here we are. - After confirmation that the consolidation A-B-C was over, I looked for an entry point. When it tagged the 0.5 Fibo, I triggered the short. Let's see what is coming Take care MartB

MartB

I traded NATGASUSD since 2015 and I'm doing it because it is very volatile. I don't follow fundamentals only what the chart is showing. I'm not brave enough to predict the market. My only goal is to get the best entry point as possible (long or short). I'm already in a short position at 1.82 and I added at 1.631. Until I see a reversal pattern like the green...