Perhaps a nice will be formed?
TPS could be: Min TP = 20.8$ / Max TP= 21.9$
-A level to watch is the 19.9: Here the would be activated (falling neckline) - here is also based the falling shortterm
-Trading below 18.7 is with shortterm tp 18.3
-Trading above 20.75 is strong
Resists: 19.35 / 20.25 / 20.5/20.5 7 Main resist: 21.25
Supports: 19.22/ 18.7 / 18.3 / 18 / 17.8
Best regards Mary
38,2 really was silvers object of desire!
These days we have the answer to my in my former view asked question: Will the Fibo 38,2 or the 61,8 be the object of desire? - Yes it was the object of desire.
We have diped down to the 38,2 which was corresponding to the max. tp of my in my former Analysis illustrated .
"Have we seen the top?"
This is an Action Point where a decision has to be made. The signs a weak Long-signal
Supports: 18.4/18,3/ 17.4/
Resists:19.25 (central) / 20.20/ 20.75
Will the Fibo 38,2 or the 61,8 be the object of desire?
These days, the generatet a shortsignal in this timeframe.
Prices above 19,2$ are still (shortterm)
Prices below 19,2$ will perhaps cause a dip to the 38,2 fibo @ 18,3$ This Level is corresponding to a former high in the beginnings of 2015 and near the top from 05/2016.
Prices below that minimal correction Level (38,2) will turn the momentum into - the next TPs could be the uptrendline @ 17.25$ or the holy fibo 61,8 @ 16,5$ - here is also based the 200as a supportlevel.
Prices above 21,25$ seem to be strong