zkudett

zkudett

After founding stong supports around 14.00 level, silver recently broke strong resistance and ema 200 levels. Time to go long.

zkudett

After cca 1 month of bearish movements (blue downtrend line), price level is now close to the green uptrend line. We need to keep an eye on the price here and should be ready to see a trend reversal. RSI also confirms going long. Wait for the price to bump form the green uptrend line and cross the blue downtrend to open position. TP1: 0.001770 TP2:...

zkudett Updated 

Major support level at ~8900 area was broken today, retracement continues. Scenario 1: fib50 level at ~8200 holds, uptrend can continue. Entry orders can be placed, after the bounce. Stops around 8100 Scenario 2: fib50 level falls, going down can continue to 7850 (this is fib 62.8 level, also former major support line). Entry orders can be placed, after the...