Kumowizard
Long

Silver - Trend reversal this year?

FX:XAGUSD   Silver/U.S. Dollar
170 1 5
Weekly:
- Is the long term downtrend really broken? It looks like, but for a real strategic trend reversal it has to stop moving sideaway and has to break the Kumo, 100 WMA and the top of the trading range. The range has been 15,50 - 18,10 since October/2014.
- Heikin Ashi signal is mixed a bit. haDelta shows hesitation ard zero line

Daily:
- Ichimoku setup is bullish with pull back phase to be comepleted if Price holds above Kijun Sen.
- Heikin Ashi signals a possible bullish reversal at support.

p.s.: I am really sorry to post this only now. Honestly, since I started to write this post Silver             is up 1,7 %. Those who follow me on Twitter saw my buying indication earlier.
I am long both in Gold             and Silver             . Silver             I opened today at 16,70.
Anyway, it is never too late to enter, when you see a good and high probability signal!
Reply