OANDA:XAGUSD   Silver / U.S. Dollar
128 0
A daily close below the flag @ 18.40 should send us down to about the 18.10 to 18.20 level.
A daily close back above 18.62 will resume the uptrend.
I am not short as the long term trend is strongly up.
Trade closed manually
Comment: Pullback idea wavecount invalidated
Comment: a failed sell signal is a strong buy signal - more long positions added
Comment: Looks the original idea may have worked out after all although i would not short this market at this time we have a pullback in effect. A bounce off the 618 at the exact center of my target time/price zone. I dont see much more downside from here.
Comment: Trying to analyze silver without some sort of intermarket analysis is a losing game because of the volatility. Also check gold/DXY/ and usd/jpy to determine the dominant trend.
Comment: a lot of silver changed hands today on what looks to be a developing pinbar.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out