TradingView
TicklesTheRabit
Apr 24, 2022 8:06 PM

SLV Bullish Gartley Setup Long

iShares Silver TrustArca

Description

Thoughts on this possible SLV bullish gartley setup? A pullback to the 14.52 area could trigger the pattern sometime in early November.
Comments
Glewis54
But you are bearish for the next six months with an additional 50% downside after already a 15% drop? Hgher energy prices, lower metal prices, miners will surely collapse.
Glewis54
@Glewis54,
Could be that we are at the D point now, with the E run moving to the 1.618 Fib level, above 27. I see it as a good accumulation area now. Or are my measurements wrong?
SupernaturalSpiritAnimal
@Glewis54, I am looking at the same thing ab=cd@21.48. Dropped below today, but turning green. will need bullish confirmation in the coming days.
Nico.Muselle
Hi, good work on publishing your first idea. Hope you liked the task. Let us know if you have any feedback.
🙌🏽 @Nico.Muselle for the TradingView mods
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