Prior to the upcoming Cpi news, $0.3000 stuck me like a very good area for a sell, but i can't help but imagine the levels of liquidity that lays above that reigon, so the next level traget will be 50pips up at 0.03500 . my profit target is 0.1100
After the Last NFP news, the price of silver dropped from $30.50 (where I sold btw) and the day's candle closed below the $30 mark. reinforcing my bias for another swing to the downside.
Maybe a possible drop to $28. Im looking toward a retest of $30
I'm pretty sure my chart speaks for itself
After the Last NFP news, the price of silver dropped from $30.50 (where I sold btw) and the day's candle closed below the $30 mark. reinforcing my bias for another swing to the downside.
Maybe a possible drop to $28.
Sell bias confirmations
Break of Structure on the 4hr
Trendline Breakout
Price is currently at major Resistance
As shown entry should be at placed at the pullback/ retest of broken trendline. Target is the nearest support.
Let me know what you think
