lynersen
Long

Silver - yet another long tunnel

TVC:SILVER   SILVER (US$/OZ)
151 2 2
Hi Guys,
Waiting for the MACD cross. When it comes - I expect to see similar tunnel as the previous.
Happy trading
Ask me for questions.
Trade active:
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Look at the nice cross in MACD - for the lowest point. Hope you guys managed to make the trade active at that point.
Comment: minor corrections - but still long on silver:
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Comment: Updated chart.
Finally looking set to go:
snapshot
Comment: Starting to get some pips.
Looking at the A,B,C - we are in the B correction wave - which should take us to the target shown here:

BUT - could be even more interesting to trade the next imulse.
snapshot
Comment: TP around 18.000
Trade closed manually: expect the next short impulse very soon - so get out of the long positions
Comment:
snapshot
not so minor :(
Reply
lynersen jostitrade
@jostitrade, No Josti - you are right.
A bigger correction than I would have predicted. However - of you look at the MACD for 1 day charts - there is similarity to the last time it was going in the "tunnel" - so I still have hopes for this trade, that it could be bullish anytime;
snapshot
Reply
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