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Silver possible scenario
Silver / U.S. Dollar
Silver possible scenario
By aluchan01
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Updated
Oct 15, 2020
1
Oct 13, 2020
Completion of M formation. If we hold this level. This might be a good entry for longs up to the first broken line.
If 25$ doesnt get broken cleanly, its the best possible RR for shorts.
2nd scenario is dive around 23$ area. and this would make buyers celebrate. MacD just made a bearish cross.
Oct 15, 2020
Trade closed manually
Closed my long in profits. However im suspicious about such a lower high.
Chart Patterns
Technical Indicators
Trend Analysis
aluchan01
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