Ven7ura

Ven7ura

Purple scenario likely If purple scenario fails blue scenario could play out. Both have easy invalidations

Ven7ura

Expecting a bounce at the origin of the move Targeting the white levels, any of them could reject Last target previous high range

Ven7ura

Well well well, silver started spilling last week. I'm looking at re entering right there, at a potential retest of local support, targeting the purple box. If it works out, will be a 7RR trade. Reason for the target is, we have broken that line of support which held price several times on the daily time frame, now looking to retest it before another move down later.

Ven7ura Updated 

Should support hold here, looking for mid 1.80s.

Ven7ura

Will box work?

Ven7ura Updated 

Are we going to see this?

Ven7ura Updated 

Purple box scenario, remember its only a probability. Important levels are coloured

Ven7ura Updated 

the horizontal coloured lines are the important levels to watch

Ven7ura Updated 

Altho the Dollar weakness is seen accross the board, there are a couple of exceptions, and MXN is one of them. IF, USD can gain the light blue coloured level there is high likelihood for us to see 23.50 later. Let's watch the price action on those levels

Ven7ura

ZIL has had a brilliant couple of months, thus creating a very nice price trajectory in a parabolic advance trend, that now needs to be worked out next. Seems like the $0.0215 level is lost for good, so I will for the time being discount any possibility to revisit it. BUT if this level is broken and closed above, straight up continuation is more likely. ...