#silver

Updated

Analyzing the silver chart is a guessing game because chart doesn't play , Jp morgan does ...
However, looking at the fractal, a small rebound is likely (personally I'll take $24 with a smile on my face) then the price should go down and at least retest the old trendline (yellow dashed line)

Good luck to everyone in the new trading week

Note

after a few days of relative suffering, something starts to happen, the script is still in play

Trade closed manually

I closed at $23.57 and will probably regret it. From here I will wait for a retracement to the yellow trend line and then I will try to redo the long position.

Another reason for closing the transaction at the level indicated above is time - quite a long open position. The generated profit of 30% is considered satisfactory, but far from the target.

If the reversal doesn't come, I'm going to feel really bad

Note

here is the mentioned yellow line... (lower limit of the ascending channel)

Note

emotions, emotions and more emotions. again I am closing positions way too early.... I think this is due to the need for cash and possibly too large of position

Note

silver is approaching a good time to go long again!

crypto_carange

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