SILVER possible longs
2024/12/11
M1 : Currently Bullish tapping into the
demand zone
W1: MSS towards bearish side
D1 : Bullish
4H : Consolidating
Narrative : Overall Monthly leg is bullish >
Weekly is currently Bearish > Daily has shifted
from bearish to bullish probably retracing
towards the weekly premium zone > 4H is
currently consolidating > when 4H turns bearish
and comes towards the D1 fresh OB we can look
for the long trade
Case 2 : Price has already tapped the weekly
premium zone and IMB, so if the 4H doesnt show
any reaction on 4H and do a MSS on daily leg
we can look for short trade too.
M1 : Currently Bullish tapping into the
demand zone
W1: MSS towards bearish side
D1 : Bullish
4H : Consolidating
Narrative : Overall Monthly leg is bullish >
Weekly is currently Bearish > Daily has shifted
from bearish to bullish probably retracing
towards the weekly premium zone > 4H is
currently consolidating > when 4H turns bearish
and comes towards the D1 fresh OB we can look
for the long trade
Case 2 : Price has already tapped the weekly
premium zone and IMB, so if the 4H doesnt show
any reaction on 4H and do a MSS on daily leg
we can look for short trade too.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.