Guys, I think we are very close to trend reversal 1D candle confirmation, and possible good entry point here around 14.6$ nice ADX position, RSI in the lower position and HUGE upside objective regarding my FIB levels up to 3.3 risk&reward ration on LONG position. First conservative profit taking will be MA 200 levels, after that possible 78% FIB, and 16$ + levels up to weekly resistance point around 16-16.1$.
Stop should be placed bellow 14.25$
What do you think, what are your oppinons on this!?
Thanks, if you like what you see here please like and follow...
best regards, Igor
Comment
⋅
Guys what do you think of this version of run-up, just beeing copying some previous market moves(different ones), and seems not so far away those two (orange and violet), lets see what you think...
i like if silver runs up. but in past so many opp came where gold went up but silver is just laggard. fking total garbage. Holding calls since long time but not going up at all.
pimpcrypto
⋅
@LetsBeMillionaire, yes offcourse it depends on other moving on market,but only chart looking and chart trading analysis i think we could not get to bad entering these levels, regardnig you know that no .atter what sometime in future past repats itself and that reflect on chart and same patgerns and levels.
Stay long, take some profits allong the way,and place stops !
LetsBeMillionaire
⋅
@pimpcrypto, sold some june calls in the morning but went up further... wanted to roll over to Aug calls but missed it. Still holding July 13 calls which is still in loss. Need 15 more cents. SLV at 14.07 is my breakeven. Hope it will recover by that time.
pimpcrypto
⋅
@LetsBeMillionaire, yea i am ni from reversal and will be till 1.6 level or strong trend reversal signal..