TradingView
RikBruno94
Oct 25, 2018 12:59 AM

Silver is almost ready for take off Long

Silver / U.S. DollarFOREX.com

Description

While gold has been rallying, silver has been silently consolidating getting ready for lift off....
Last daily candle close was a bullish engulfing, which makes me confident to long any retrace down to 14.650 region, stop loss below bullish engulfing candles low....

Trade active

Silve made a decisive move up, closing the daily candle inside the red block, that is the first sign of resistance looking to be breached.

My long entry triggered at 14.650, stop loss is at break even now. Looking forward to coming week

Comment

Re-entering Silver long, it came down to support region and rocketed up
More