Hi guys, we've had a great run upwards since the double bottom at approximately ~10700 levels.
I've drawn some new lines that could show us the way forward. However, this idea is going downwards.
If the fiscal stimulus goes through congress and gets accepted, i believe this channel will be invalid.
However, if it fails the coming week, we will be ready for a...
So, we've had a huge sell off in silver the last week.
However, i now believe we are on the way for a new bullish run taking out the last high on ~29.5 area in early August.
Good luck with the trading!
Looking for big moves in BTC after a consolidation phase between the yellow range on the chart.
This could either pull down to the low area around ~3800 from January 2019 or back to ATH area ~ 19000 from December 2017.