QI triangle in triangleSymmetrical triangle inside of the big ascending triangle,
on 1hr bullish indicators,
The safest is to wait for a breakout of the big one,
if entering on breakout of smaller, be prepared to take profit on possible rejection from resistance level,
we could see one more retest of support trendline or support red level before the possible breakout, retesting red support level would mean that we broke down from this ascending trendline and would be a risky entry because we could see a deeper drop down if that support is lost.
(if BTC don't dump)
QI
LONG Silver LONG!! bullish for at least next couple of daysAfter FED's Talk on Rate Monday Sept 12- 17:00 ..Traders are betting the Fed won't make a move on rates in September. Now, 85% of traders think the federal funds target rate will be 25 to 50 basis points as of September, which is where it is now. Only 15% of traders are expecting the fed funds rate to rise to between 50 and 75 basis points by September.
BULLISH FOR METALS.. At least until Fed's give more insights on Sept 21st Rate Decision.