RonnieAxelrod
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since Jan 25, 2019
silver
supplyanddemand
xagusd
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Market structure has shifted- in silver- correlated pair - gold is overextended- due for correction. Liquidity buildup below OB. Sell placed with partial profit at opp side liq. Full TP at Low.
7
Fundamentally- supply increasing bias short. Technically momentum bearish + weekly FVG hit- Short from OB with liq resting below it- partials as nearest OPP side liq and full TP at low. Long bias has now become lower probability- only taken for hedging purposes.
3
Liquidity formed above OB- Geopolitical factors in play for longs. Also Oil has hit monthly TF reaction areas. Partial profits at opp side liq- full TP at april highs.
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