I expect the Silver to go down to light blue line - entry point 1 - or the red entry point 2
Meaning - long at around 17.500 - 17.600 -
TP >17.900
Meaning - long at around 17.500 - 17.600 -
TP >17.900
Comment:
When we get to first TP - I will see and update - it could well go above 19.900
Comment:
Trade active
Comment:
Still in correction - so this could be an opportunity to enter the trade.
Watch out - if it breaks the red bottom line - then we could be in for a bearish impulse instead.
Watch out - if it breaks the red bottom line - then we could be in for a bearish impulse instead.
Comment:
Getting to first TP
It has tested it - but still not broken it. Believe it will do.
It has tested it - but still not broken it. Believe it will do.
Comment:
It have been following the setup quite nicely. Looking at different indicators, we could be in for another correction wave, before we see the breakout impulse wave. I am selling my position close to the red line - and then wait for the correction before a new long setup.
Comment:
Then it look like this:
Comment:
Really nice breakout.
Hope a lot of you are having your long positions and gaining a lot from this.
Correction was not as strong - but what an impulse.
Hope a lot of you are having your long positions and gaining a lot from this.
Correction was not as strong - but what an impulse.
Trade closed: target reached