TR7z

Silver - Doubletop and Fibo trade !!

Long
TR7z Updated   
TVC:SILVER   CFDs on Silver (US$ / OZ)
Hello trader,
good mood and profitable deals! 💲

Silver
1D chart
double top
Fibonacci
SMA EMA200

Silver stoped the downside with a nice Doubletop at 21,429 and the IMO is supported by the SMA and EMA200.

The first goal is around 29 (The goal of the double top)
EMA 200 or corrections in LTF can be used as entries. The goals can be seen in the chart !!

Even if I favor an upward movement, we could also go sideways. This is possible from 3 points, confirmed from 5!

SL is below the current low.

I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.

➡️If you like my posts smash the like👍👍 button, comment or follow me.⬅️

Thanks for reading my ideas!
Comment:
1h CHART DAYTRADE


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.