The persistent failure of silver buyers to overcome the specified resistance level suggests a prevailing weakness in their purchasing power.
Consequently, market observers anticipate a potential shift in momentum, awaiting the entry of more robust buyers, colloquially referred to as "powerful crab buyers," anticipated to emerge from the harmonic golden level.
This potential influx of new investment could provide the necessary catalyst for a sustained upward trend.
Consequently, market observers anticipate a potential shift in momentum, awaiting the entry of more robust buyers, colloquially referred to as "powerful crab buyers," anticipated to emerge from the harmonic golden level.
This potential influx of new investment could provide the necessary catalyst for a sustained upward trend.
This idea is based on harmonic patterns and candlestick formations at Fibonacci levels. The targets and Entry Points for this order change along the way, depending on the candlestick patterns.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
This idea is based on harmonic patterns and candlestick formations at Fibonacci levels. The targets and Entry Points for this order change along the way, depending on the candlestick patterns.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.