tntsunrise
Long

Silver Still in the Channel.

FX:XAGUSD   Silver/U.S. Dollar
843 2 35
Let's Trade the Channel Rotation

Look closely at 14.87 level
Channel Support and Fib 0.618 Level

This might be the point C for a potential
AB=CD Move.
RSI Ovesold
Watch the Price Action such as hammer , doji , pin bar etc.
to enter the Trade.
Trade you plan and good luck!
If the Price did not get any support from this level. don't trade
untill we see a bullish signal.
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Here's the chart.
Reply
Agreed - posted similar potential entry point. Timing will most likely be around 8:30 AM EST on 11/6 when the US Unemployment Rate is published. Thanks for your insight. ESK
+1 Reply
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