Silver - Doubletop and Fibo trade !!
Updated
Hello trader,
good mood and profitable deals! 💲
Silver
1D chart
double top
Fibonacci
SMA EMA200
Silver stoped the downside with a nice Doubletop at 21,429 and the IMO is supported by the SMA and EMA200.
The first goal is around 29 (The goal of the double top)
EMA 200 or corrections in LTF can be used as entries. The goals can be seen in the chart !!
Even if I favor an upward movement, we could also go sideways. This is possible from 3 points, confirmed from 5!
SL is below the current low.
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas!
good mood and profitable deals! 💲
Silver
1D chart
double top
Fibonacci
SMA EMA200
Silver stoped the downside with a nice Doubletop at 21,429 and the IMO is supported by the SMA and EMA200.
The first goal is around 29 (The goal of the double top)
EMA 200 or corrections in LTF can be used as entries. The goals can be seen in the chart !!
Even if I favor an upward movement, we could also go sideways. This is possible from 3 points, confirmed from 5!
SL is below the current low.
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️
Thanks for reading my ideas!
Note
1h CHART DAYTRADE
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