05-18 SLV Chart #1 shouldn't be there (by Got Goldies)Let me show you how this chart is suppose to look like. To cut that part out you have to do this.. look for #2.
SLV trade ideas
SLV Analysis
If you are a silver trader, here is a long term look at the ETF. I am neutral at present, as the Dragons belly has been pierced. Price can easily trade in a narrow range here, triggering stops at an alarming rate. Wait for a pierce (and hold) of the oceans surface (Dragon takes flight) before a long position can be initiated. Support and resistance levels are clearly illustrated (green dotted, solid green and solid red lines.
Dotted Median lines provide an 80% probability, so exercise wise yet aggressive risk management. Good trading!
05-10 SLV Chart (by Got Goldies)I couldn't pass on $15 Silver at #5 in blue.. correlate this to the lesser inverted head and shoulder at #5 in red. And after 4th and 5th bottoms comes a parabolic. This will take us up to $24.
It should go up to $20 and come down on the red line like before (which was the blue line).
SLV- Cypher Pattern (Bullish Soon) Please refer to chart:
SLV EFT daily index:
1) Bearish cypher pattern is almost complete soon.
2) Price action is at a fib. retracement level 0.786 (which is last reversal or will go down 100%)
3) RSI indicator is very low or oversold,around 18.7
4) Wait for daily price HA candlestick action to close above $15.69 (green HA candlestick).
If above happens, this coming week, then look at bullish set ups on lower time frames to entry a new trade. Good trading & money management is key.
05-05 SLV Chart (by Got Goldies)Man I'm starting to have to rethink my theme. That June or July will be the bottom.. Fed rate hikes in June and Sept. And that Next Dec Silver hits $24.
$SLV 15.4 possible rebound from here, (Dollar weak), stop 14.8SILVER ETF 15.4 possible rebound from here, (Dollar weak), stop 14.8
05-04 SLV Chart (by Got Goldies)Silver broke the trend line and now only one line stands in its way.
05-01 SLV Chart (by Got Goldies)You guys might trip when I show you this chart 1 year later. You might discover my line graph.
05-01 Silver Chart (by Got Goldies)Silver is still on my patented blue number line bottom. Soon we hit the 5th bottom so get ready to be amazed.
04-26 Silver Chart (by Got Goldies)That is a topping formation. The only solution is if wont break red line, must test blue line.
04-26 SLV Chart (by Got Goldies)I solved the Silver riddle. Silver will make the super bullish 5th bottom.
Ignore that accidental paste at the top.
04-24 SLV Chart (by Got Goldies)Most people won't understand this chart, its based on a a Leg 1 to 3 rise, $15 being the bottom.
I inserted what the peak month is. The shoulder was June 1st.
