wolfstreetswinger
Short

SHORT SILVER ENDING TRIANGLE

TVC:SILVER   SILVER (US$/OZ)
IN MY VIEW WE ARE SHORT SILVER             TO 14.600 THEN LONG TO $32
OR SHORT TO 8.600 THEN LONG TO $32 NOW THAT'S ELEMENTARY

SILVER             CURRENTLY IN WAVE 5 OF THE DOWNTREND IS NO DOUBT STILL VERY BEARISH I AM HOLDING SHORT AT LEAST TO THE RISING SUPPORT IN THE $14 AREA BUT WE HAVE A GOOD BEARISH SIGNAL FROM MR FISHER THERE AND THE HEAVY BEARISH KUMO SUGGESTING WAVE 5 COULD SEE US BACK TO AS LOW AS $8 ESPECIALLY WITH UPCOMING RATE HIKES.

ITS ALSO CLEAR THAT WE COULD BE IN AN ENDING TRIANGLE UNTIL WE REACH POINT D WHERE WE COULD BREAK TO $32 OR AGAIN DOWN TO THE 8 MARK BEFORE THE MOVE UP.

Related Ideas

piptamil
3 months ago
Great thoughts mate...
Reply
wolfstreetswinger piptamil
3 months ago
Thank you as they say simplicity is the ultimate sophistication. Although we can never be sure 100% we'll see how we go.
Reply
piptamil wolfstreetswinger
3 months ago
Advice not only for forex but for life...
cheers :)
Reply
altcoins_trading
2 months ago
great view
Reply
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