Short
Silver - No party just yet?
I don't want to spoil the fun, but I would be very cautious around silver.
As we know very well, Silver enjoys laying out traps and this might well just be one of them.
Bearish flag within a bearish flag and some real negative divergence on the hourly chart.
As most, I'm too long for the future, but short term there's still some turbulence ahead before the flight to the moon.
As we know very well, Silver enjoys laying out traps and this might well just be one of them.
Bearish flag within a bearish flag and some real negative divergence on the hourly chart.
As most, I'm too long for the future, but short term there's still some turbulence ahead before the flight to the moon.
Trade active
False BO it was, I would wait for the market to sell off before committing long on SLV unless you already have, which in that case RIPTrade closed: target reached
What a fake out that was! back to the lower diagonal trend line!
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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.