Silver Bulls Opportunity!
Silver has confirmed the perfect symmetrical channel again today.
This upper trend line is significant!
Any candle close above this line, will trigger a bigger move and rush into long positions.
We also have to be mindful of today's touch and rejection....so what's next?
Being a precious metal bull has my hopes of a punch through and resume the longer term uptrend.
As a trader I must wait for this buy signal...a rejection today can turn into an accelerated down draft.
So we have the chance soon to burst much higher or resume the corrective downtrend.
Thanks for reading my idea and good trading!
This upper trend line is significant!
Any candle close above this line, will trigger a bigger move and rush into long positions.
We also have to be mindful of today's touch and rejection....so what's next?
Being a precious metal bull has my hopes of a punch through and resume the longer term uptrend.
As a trader I must wait for this buy signal...a rejection today can turn into an accelerated down draft.
So we have the chance soon to burst much higher or resume the corrective downtrend.
Thanks for reading my idea and good trading!
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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.
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.