Micro Silver Futures
Short
Updated

a return to volitile sellers creates a possible =SELL

174
1->3 : create a lower low
3->4 : create a higher low , could the
market be shifting hands?

*What do I think will happen?

* I think a return to the buyer genesis at 3 is inevitable , at this point, if what the chart
is saying is correct, these buyers are, or were at least,
from 3->4 stronger than the sellers at 2
* I think there is a chance we get a good reaction
and potentially head up
* our entry is at the end of a zone, giving us a
double protection, one is that the expected downtrend
might have reached its target, another is the solid sellers at 3

* we have mfi and rsi divergences as well for buyers
* I would place a buy limit at 3 and maybe just see how it goes
*according to zone trading, if price closes above a zone, it has a 66% chance to reach the next zone above, that is over the past 2,500 candles, you can reduce the lookback period and count to confirm the reliability of the stats, using this we have a great breakeven period and a good target
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