The808Trader

Hi Ho Silver! XAG/USD - Ichimoku Long Trade Idea

Long
FOREXCOM:XAGUSD   Silver / U.S. Dollar
If you're part of my private membership you know that silver has been on my watch list for awhile now. Silver as really flattened out here as we've been stuck in this consolidation zone for a while now. I am expecting a push higher sometime over the next week or so. I'm looking for a kumo breakout with a kumo twist and chikou span to get above price to help confirm we may actually be at a reversal level. I'm unsure how long this consolidation zone may continue, but I really want to see a breakout to help confirm this could finally be on the move upwards. If we fail to make the breakout, or we continue this consolidation, this setup may become invalidated.

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