LineKing
Long

Silver as Gold - poss bottom

COMEX:SI1!   SILVER FUTURES
35 4 0
Silver             is very very spiky/wicky at turns. Still, a low risk long against TL @ 13.810 is a very nice R/R against potential massive upside.

Silver/gold ratio at historic lows = silver             longs favoured over gold            
Stop taken. Looking for re-entry
Reply
This looks too mellow a bottom for silver. Still, trade @ b/e. Plan as below.

More interesting above 28th Dec highs (I have it at 1442 on other charts). Looks possible at current trajectory for price to roughly coincide with the next S/R Line AND the the sloping TL. If this scenario came to pass, a break of that confluence would be very constructive.
Reply
LineKing LineKing
...or above
Reply
Would add above 14.375, then above the next TL, and fianlly above 15.530. Picking bottoms is a dirty habit. Only clear, low definable risk entries to be considered
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out