Silver is ping pong within the lower range support zone and very likely is preparing itself to run a AB=CD in Day View.
If this is true, that also a Day View Gartley formation.. (Although not very keen to anticipate pattern before it bounce up)
This move require many patience it may even run a last bearish trap before moving up big time.
Trade mindfully and always follow you TraderWorkflow.
If this is true, that also a Day View Gartley formation.. (Although not very keen to anticipate pattern before it bounce up)
This move require many patience it may even run a last bearish trap before moving up big time.
Trade mindfully and always follow you TraderWorkflow.
Now although it break the day down trend line, but still not made or closed above the last swing high of 15.00 level. So It still consider a rebound until it closed above $15 level and that is the criteria call it a trend reversal. Who has profit should take partial profit at this level.