TradingView
SteveNixon
Feb 9, 2017 6:57 PM

LONG TERM FORECAST FOR SIVER Long

SILVER / U.S. DOLLARICE

Description

This looks to be an ABC on the high degree timescale.
A and B seem to be complete and with the recent breakout we could be at the beginning of wave C.
If so then there is the possibility for a series of long trades over the coming months.

To get involved look for a pullback which meets your appetite for risk and set your stop to zero as soon as it's safe to do so.

I will post updates on a trade-able timescale

Follow for updates and like for appreciation

Comment

Wait for pullback before looking for long entry

Comment

Comment

Looks good to the channel top -

Comment

OK as expected price has reached the "channel top" (Hatched line)
It might be breaking out or it might short back into the channel.
If you are still in this trade move your stops closer to protect profit.
It looks more up than down at the moment but wait until it lets us know before committing your money.

Comments
DowLionFX
I agree ;)
SteveNixon
@CHamza, Thanks for your support
More