


alurlm
A possible H&S formation on the monthly chart in EURAUD. We might have just made the right shoulder.
We still have some upside before a possible reversal.
Possible RSI bullish divergence and trend continuation.
4h bearish RSI divergence along with the 4h 200 SMA.
I think we still have some upside to EURCAD and it might be a good idea to look for a reversal at the trend line.
The silver bullet is about to be fired. Silver bullet (Wikipedia) - "In folklore, a bullet cast from silver is often the only weapon that is effective against a werewolf, witch, or other monsters. The term is also a metaphor for a simple, seemingly magical, solution to a difficult problem: for example, penicillin was a silver bullet that cured many bacterial infections."
A buying opportunity at the lower trend line.
Silver is going towards a verified resistance area. Will it hold?
Will the 200 SMA hold as support? If yes, I am going short.
An ascending wedge pattern on the 1 hour time frame.