Silver hit the Rising Support of the bottom of the Triangle.
The sell off got more heavy after a Golden Cross on the (1d) time frame.
Even though based on the March 8th 2023 fractal there is one chance for a slightly lower bottom, those oversold levels are ideal for buying.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 23.765 (Resistance 1 and 0.786 Fibonacci).
Tips:
1. The RSI (1d) made a Bullish Divergence on the March 8th bottom. It would be ideal to see one on the current bottom too.
Please like, follow and comment!!
Notes:
Past trading plan:
The sell off got more heavy after a Golden Cross on the (1d) time frame.
Even though based on the March 8th 2023 fractal there is one chance for a slightly lower bottom, those oversold levels are ideal for buying.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 23.765 (Resistance 1 and 0.786 Fibonacci).
Tips:
1. The RSI (1d) made a Bullish Divergence on the March 8th bottom. It would be ideal to see one on the current bottom too.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.