Kumowizard

Silver - Trend reversal this year?

Long
FX:XAGUSD   Silver / U.S. Dollar
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.

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