Silver is up roughly +60% since the beginning of July from $18/oz to a current price of over $29/oz. Price has seen strong gains ever since breaking above $21/oz which was the upper level of a long-term consolidation/accumulation range that lasted from 2014 through last month. Last month price peaked right at the $26/oz level which stems from price support seen...
Evening Traders, Today’s Analysis – XMRBTC – breaking key structure, immediate target is the daily resistance. Points to consider, - Market structure HL’s - Structural Resistance breached (S/R Flip) - Daily Resistance target - RSI above 50 - Strong volume influx XMRBTC’s market structure has been putting in consecutive higher lows under structural...
Bulls pushed with strong momentum to breakout from previous consolidation with bollinger band squeeze, after current pullback there’s potential that a new low will form at lower bollinger band and price will retest the new high.
Hey all, Decisions to make all over the place today! General market sentiment suggests people are going Long across the board - does this mean prices will rise? In theory - Yes, in practice - Not really... It doesn't matter about the total percentage of people who are net long or short, what matters is where the majority of money is heading - 1% of people hold...
Now I'm still long in HL and bought shares at $2.99 as it creates higher lows and lower highs and I would like to Call as of now the move could have happen in 3 weeks if it doesn't break trend. Hl has been following Silver real close and Silver was breaking out, yet got slammed with Gold as the corona virus scared off the stock market with the Italy news. As of...
Silver is a major key player in our HL call of $4. Last night/early morning for me it broke out of a bull pendant, but later on today it crash hitting a major support that’s forming at 18.592, which hopefully it can hold. I’m pretty bullish atm after what happen in the stock market, but we would have to wait 2hrs too see what Asia is gonna do. No target for...
HL has been consolidating pretty hard for past week and two creating a range while in an uptrend with emas. The MACD is showing a reversal is already happening with a major move next month. I’m going long with a target of $4, yet we could see a long term target of $6. The $6 option is in September and is a speculative with gold breaking out and with silver...
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TL;DR: Wait for falling wedge on monthly to resolve, look for opportunity to enter a long position on HL to gain exposure to gold mining industry With the recent uptick in gold prices, attention will obviously shift towards gold miners and other equities involved in the gold space, Hecla Mining (HL) is one such equity. As you can see from the chart a falling...
I like trend of ALGO chart. ALGO is creating Higher Highs and Higher lows and this is great signal for 5. waves impulsive movement ! Now, I´m waiting till ALGO come to our Buy zone. Targets, Stop loss, Buy zone values are in chart. This trade have potential more than +25% ;)
El precio esta poniendo a prueba de nuevo, una resistencia de TF DIARIO. podemos ver como nos esta formando un HCH, un posible patron de caida, esto nos sirve para buscar entradas en largo en los pares del USD, Y Hoy con la noticia de la FOMC.
HL / Hecla is worth $3.50/share (Weekly 340, 204 & 500 Hull)
Hi at all! The previous Lower High was broken. This is why the downtrend is on the end and a new uptrend starts. Use the correction waves to build a lucrative tradepyramid.
USDCAD has seen Higher Highs ( HH ) and Higher Lows ( HL ) being made on the Weekly and Daily timeframes for a good while now with 1 or 2 Lower Highs / Lower Low fake outs to pull sellers in, however this pair remains bullish. An Inverse Head & Shoulder pattern can be seen on the Daily timeframe which was formed aggressively on the 1st of March. This broke a...
On the usd/eur setup, I see price has reached a minor resistance zone. Delving into the lower timeframe, I see price makes a minor ascending channel with HH's/HL's. I am hoping price touches resistance zone and reaches first take profit.
price is in a symmetrical triangle while going through a consolidation period. On the lower time frame, price seems to be reaching a resistance zone while creating HL's and HH's. I am waiting for price to retrace to the newly formed minor support zone to create a new HL so that I can go long until than.