Kumowizard

Bullish consolidation

FX:XAGUSD   Silver/U.S. Dollar
141 2 10
What do we see? I think we see start of a massive bull market. And we also see the start was very strong and agressive. Think as a long distance runner... can not sprint             all the time.

Weekly:
- Nice and obvious bullish trend setup. Probably Wave 3 is done.
- Heikin-Ashi signals bullish consolidation. We may see more pull-back in coming weeks towards the support zone.
- Strong support zone is 17,50-18,50. Look for buy signals there!

Daily:
- Bullish Ichimoku setup.
- Heikin-Ashi shows consolidation, which is maybe turning to more pull back now
- Supports: 19 / 18,40 / 17,70+

Summary: let it have some rest now. Start to look for buy signals when price gets to 18,40.

Dguaman
4 months ago
18,40 wow... really will go so deep? what about FOCM meeting Sir. thanks !
Reply
Kumowizard PRO Dguaman
4 months ago
no one knows how deep it will go. it goes until it goes
Reply
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