The Silver vs USD is at the end of the retracement of h1 timeframe.
The long term market pressure (+3.4) highlight a need for higher prices.
Personally i imagine that the cross will bouce on the dynamic support on the chart and start to rise.
The long term target price is above 18.60 and the bounce on the dynamic support is a really good price to start opening long positions.
This analysis is based on market pressure.
On my twitter profile twitter.com/TizianoBruschi you can find everyday the market pressure value for all crosses.
Have a nice trading !
The long term market pressure (+3.4) highlight a need for higher prices.
Personally i imagine that the cross will bouce on the dynamic support on the chart and start to rise.
The long term target price is above 18.60 and the bounce on the dynamic support is a really good price to start opening long positions.
This analysis is based on market pressure.
On my twitter profile twitter.com/TizianoBruschi you can find everyday the market pressure value for all crosses.
Have a nice trading !
Note
bouncedNote
silver will start rising again in few hoursNote
new bullish movement started
Analysis based on the signals of Marketmiracle advisor.
Website
marketmiracleadvisor.com/
to get advisor signals for free.
Telegram : t.me/MarketMiracleAdvisor
Miracle Viewer :
youtube.com/watch?v=WUkXXqxeoR0&t=2s
Website
marketmiracleadvisor.com/
to get advisor signals for free.
Telegram : t.me/MarketMiracleAdvisor
Miracle Viewer :
youtube.com/watch?v=WUkXXqxeoR0&t=2s
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.
Analysis based on the signals of Marketmiracle advisor.
Website
marketmiracleadvisor.com/
to get advisor signals for free.
Telegram : t.me/MarketMiracleAdvisor
Miracle Viewer :
youtube.com/watch?v=WUkXXqxeoR0&t=2s
Website
marketmiracleadvisor.com/
to get advisor signals for free.
Telegram : t.me/MarketMiracleAdvisor
Miracle Viewer :
youtube.com/watch?v=WUkXXqxeoR0&t=2s
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.