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FOREXN1
Sep 20, 2022 8:10 AM

SILVER:SELL From 61.8% FIBO Dynamic + Static Resistance SELL Short

SilverOANDA

Description

SILVER is in a Downtrend, after a pullback on the 61.8% FIBO level with the confluence of the dynamic trendline plus the 200 Moving average, today the price seems ready to have a new push down. The RSI is still on the Bearish side meanwhile the stochastic, in overbought, appears prepared to drop in the medium value of this indicator.

Comment

Comments
JoeChampion
Cheers!
FOREXN1
@JoeChampion, cheers mate !
P_S_trade
Nice potential trade
FOREXN1
@P_S_trade, Thanks mate !
KlejdiCuni
I agree with your idea.
FOREXN1
@KlejdiCuni, Thanks mate !
FOREXN1
What do you think about ?
DAY_PROFITS
@FOREXN1, Great Analysis , price is following your idea..
FOREXN1
@DAY_PROFITS, Cheers
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