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salsapete

Silver Long

Long
Silver / U.S. Dollar (OANDA:XAGUSD)  
salsapete Updated   
OANDA:XAGUSD   Silver / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
3
0
trendanalysis chartpattern waveanalysis
Looking for an area of value to enter a long for Silver

Entry - Support at monthly R2 for a retest.

Stop - below monthly R1

Target - 1.618 fib extension , at horizontal resistance.

Risk Reward is 3....
Comment:
Price has reached the entry area.... look for a long around 16.10 ..
snapshot
Comment:
Two Hammers.....
snapshot
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