Silver has decided to have the direction long. Silver to 30 USD is still a strong valid projection. But still expect some retracement for opportunities to get in. PS: Don't get too loss in the sauce. Focus on what you see.
Confluence Data: Counter-Trade 1. Ascending Triangle 2. Multiple wick rejections on 15M 3. HL-HL 4. Bearish Variations 5. Break of support 6.61.8 PRZ #FIP
UJ reacted on the major resistance after the bull run. Confluence Data: 1. Resistance is holding, 38.2 on fibs 2. Created lower highs after the consolidation 3. Bearish engulfing 4. double top downtrend pattern 5. Bearish variations Outlook for next will be bearish. No structure yet.
First counter trade of the Uptrend. First possible structure of uptrend.
Outlook for next week will be bearish. Confluence Data: 1. Resistance is holding 2. Created lower highs after the consolidation 3. Bearish engulfing 4. double top downtrend pattern 5. Bearish variations
Confluence Data: 1. Resistance is holding, 38.2 on fibs 2. Created lower highs after the consolidation 3. Bearish engulfing 4. double top downtrend pattern 5. Bearish variations