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Kenbannister01
Sep 22, 2020 5:38 PM
LONG TERM SILVER TRADING CHANNEL - $150 SILVER
Long
CURRENCYCOM:SILVER
1W
Silver
Currency.com
Description
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Sep 22, 2020 5:38 PM
PAY ATTENTION TO THE BIG SELL OFFS IN THE PAST BULL MARKETS. Inner arc may help show resistance levels where we can watch for sell offs and protect to the downside, same for outer arc for buy inicicators.
Trend Analysis
Silver
longterm
trend
Parallel Channel
Comments
herkiertb
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Sep 22, 2020 5:41 PM
Great overview. Where do you think this selloff will stop?
Kenbannister01
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Sep 23, 2020 8:04 PM
@herkiertb
, Looks to me like it might test 2016 highs. The dollar strength is putting pressure on silver, hoping the dxy gets rejected at 95.
herkiertb
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Sep 24, 2020 5:42 AM
@Kenbannister01
, Seems so. that will also be the 200EMA on the daily. So that might be the perfect stop.
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