Shark into a bullish 5-0, or a Gartley? We'll find out.
Been watching Silver since the beginning of 2018, price action has been extremely bullish.. a lot of traders are short at these historical levels.
Buying 38.00 P @ 7/20/18 EXP, 2 daily candle closes above broken trendline will be my soft stop.
See my last posts in for other bullish euro confluences
Confluence on the Daily chart in EURUSD. After watching price action on smaller TF's this morning, clearly this was massive institutional accumulation. Banks were provided with much liquidity from retail traders selling/hodlers taking losses.
Basic Technicals. Long from 132 handle aiming to bag 250-300 pips out of this move
Macro Euro Monthly Chart (channels drawn on quarterly chart) - We have been consolidating for months on top of the lower part of Euro's historic uptrend channel, against shorter term steeper trendline. Ask yourself which one will win.. Cut out the noise and zoom out to get your ideas, zoom in to enter your trades and swing your way to freedom.
Here's a deeper look into my Gold outlook. Many are shorting gold - when everyone is crowded on the opposite side of my trade that is one of my strongest confirmations, lol