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Fxprotrader
Aug 6, 2016 8:59 AM

Silver Two Many Factors To Go Long Long

Silver/U.S. DollarFXCM

Description

A median line of descending pitchfork, the 0.786 fib retracement of the previous up wave, the 1.618 ext fib leve of a smaller wave, and previous structure meet in one place, where we should keep a closer eye for a bullish setup to complete in the upcoming week.

Like and follow for updates..!

Comment

Price has entered the zone and bounced from there. Watch for a buy setup to complete to go long.. I suppose pinbar traders already enjoy some profit.
Comments
Like2Move
Seems like the price on D1 chart can't move up and support @ 19.2 will be tested again.
KaQing
Silver also made a perfect bullish abcd on friday (61.8-161.8)
DownUnder
Are you thinking Inverse HS ?
fxfxfx
A lot of ideas for a Sat! Thanks for sharing, I will join u for XAGUSD long, GBPUSD long, AUDUSD short, and maybe even EURCAD short.
Fxprotrader
Yes, there are a lot of opportunities for the upcoming week. Just wait for setups to comlete in these zones
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