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trader77974
Jun 12, 2018 4:33 PM

Lagging span line (Chikou span) still testing 16.924 resistance Long

Silver/U.S. DollarFXCM

Description

The price of $16.924 is still resisting (is a resistance).
The lagging span (and so the price) is actually testing this resistance.
There is still a high probability of having the price getting over this resistance.
That would confirm the uptrend in daily timeframe.
Comments
trader77974
The resistance of 16.924 might now be a support, as the price has crossed it while uptrend and is now at 17.078
trader77974
The price is actually at 16.956 and was below the identified keylevel of 16.924 at the time of the forecast.
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