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$SILVER - Bullish scenario, target $29
Long
$SILVER - Bullish scenario, target $29
By Bullwards
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Feb 3, 2021
1
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5
5
Feb 3, 2021
✴ - Volume looks good but still under the average
✅ - Double bottom on 1h
✅ - Bullish price action on 4h (Bullish Engulfing)
✅ - Harmonic pattern forming (Crab 🦀)
✅ - MACD
✅ - STOCH
✅ - Momentum
✅ - DeMarker
❌ - MA50 (2.5% under 50MA)
✅ - MA200 (2.6% above 200MA)
✅ - Pivots: (2.7% above the pivot point )
⏰ - Breakout 1: $27.17
🚀 - Potential targets (🚀$29)
🪂 - If things goes wrong better to exit under 26.46
🚦 - Next entries in case if dropped: --
⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
Harmonic Patterns
Silver
silveranalysis
silvercharts
silverforecast
silverlong
silverusd
Supply and Demand
tradingsignals
Trend Analysis
Bullwards
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