debainnoob

Silver triangle pattern

Long
debainnoob Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
Waiting for lower trend line contact before going long. Target at 19.9
Comment:
Looks like a 5-wave structure, breakout possible at the upper trend line. Wait for pull-back before jumping in.
Comment:
*If it is indeed a 5-wave structure.
Comment:
Breakout to downside, go short if 1 hour candle closes bellow.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.