svmoss

Bullish setup on SILVER ?

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
Hello, this is a view on SILVER which brings something interesting to see about fibonacci levels. The ongoing impulse's 1.27 fib extension level goes to a wick where the price found support ( buyers ) during the last downtrend. I found many bullish scenarios, leading to a price around the 17.800's. I opened a long earlier in November and I might take some profits soon, i'm trading it in a daytrading setup too because the amplitudes of the moves and the volatility are very interesting right now. Seems like every operator is seeking cash and big moves might occur before Xmas period because 2020 might be a massacre year and still, no profits were taken at this point...
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