though we see some correctional movement on silver my outlook is still bearish.
currently, the market is standing just beneath the major falling trendline. I expect that selling volumes will accumulate and we will see a bearish breakout of a bear flag. for us, it will be a perfect selling signal.
Target level will be 17.0 Stop will be above the highest point of the flag.
Good afternoon master Vasily , If you were showing us a day chart instead of a 4hr. time frame I could whole heartily agree with this synopsis, all I see here is possible four hour equilibrium for the xauusd move upward. All your charts are very concise and clean you are the master at charting my hat's off to you.
P. S. isn't it about time for usd/jpy to have some equilibrium of their own? Like I mentioned it before and charted it with written highlights that Gold & Silver most assuredly will rise to brand new highs for 2019. That's when this contrived computer based criminal activity lets it fall at a market near you. I do believe this usdjpy is topping??
ProTraderNataliaRUS
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Good view Vasily
Amyar
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Wonderful!
Waiting for head & shoulders's neckline breakout => sell on pullback :)
VasilyTrader
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@Amyar, yes, that is a very good way of execution!
P. S. isn't it about time for usd/jpy to have some equilibrium of their own? Like I mentioned it before and charted it with written highlights that Gold & Silver most assuredly will rise to brand new highs for 2019. That's when this contrived computer based criminal activity lets it fall at a market near you. I do believe this usdjpy is topping??