Get started
JamesRennie

Almost time to buy back in

Long
CFDs on Silver (US$ / OZ) (TVC:SILVER)  
JamesRennie  
TVC:SILVER   CFDs on Silver (US$ / OZ)
Support and Resistance Trend Lines Moving Averages Silver
0
0
supportandresistance trendline movingaverage silver
Looking at the chart for the post I have added 200 EMA and 200 MA. Not looking to time the bottom but capture most of the downwards movement. Looking to buy at 22.20. Stop loss at 19.50. Also take profit at 30. Actually looking to sell closer to 50 with trailing stop loss. $30 take profit target is more for risk reward calculation.

snapshot

Looking at the weekly chart. Trend line resistance is holding up.
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.