Silver hit the Rising Support of the bottom of the Triangle.
The sell off got more heavy after a Golden Cross on the (1d) time frame.
Even though based on the March 8th 2023 fractal there is one chance for a slightly lower bottom, those oversold levels are ideal for buying.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 23.765 (Resistance 1 and 0.786 Fibonacci).
Tips:
1. The RSI (1d) made a Bullish Divergence on the March 8th bottom. It would be ideal to see one on the current bottom too.
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Notes:
Past trading plan:
The sell off got more heavy after a Golden Cross on the (1d) time frame.
Even though based on the March 8th 2023 fractal there is one chance for a slightly lower bottom, those oversold levels are ideal for buying.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 23.765 (Resistance 1 and 0.786 Fibonacci).
Tips:
1. The RSI (1d) made a Bullish Divergence on the March 8th bottom. It would be ideal to see one on the current bottom too.
Please like, follow and comment!!
Notes:
Past trading plan:
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