I am going to buy around 61% or at a break of the counter trend line .
I am waiting to see signs of reversal to sell.
Price hit resistance and formed divergence. It's good to sell after a break of the trendline.
Expecting to reach 61% and down from there. Watching price action and break of trendline.
There is harmonic forming and also nice divergence, so expecting a break of the channel.
Closed daily doji right above 200 EMA so let's see if we get a bounce for a correction or a new high. If it breaks the bottom trendline it will go down hard.
Expecting it to fall to around 1165 and watch price action.
Oil is in this wedge, let's see if it goes to the bottom trend line.
Waiting to see if it breaks up or down.
Waiting for some upside breakout.
Expecting a rejection at 115.5 - 117.0 levels and go down to around 107.
Looks like this is a falling wedge which it broke and now back to retest. Let's wait and see the price action at 1130-1150 levels.
Since there is divergence and after breaking some strong resistances it doesn't give strong signs to the upside I expect some move down. It can reach 61% fib and go from there or reach the bottom of possible broadening triangle pattern.
I am expecting some move up at this point.
Let's wait and see.
Since silver is at big support at 16.100 and has nice divergence i think a break of the trend line would be good for buys.
I expect long term upside on this pair, stops can be at 1.48000, targets 1.53700, 1.58000 and maybe to 1.68000.
I expect bounce at 1200-1210 or if break it can go to 1170 and then up.