- hits the big support level and shows a bullish englufing candle
-breaks the channel , shows a reversing pattern
-stochastic is oversold
will continue to rise up to the areas following the triangle pattern
the market came from a big downtrend and now is in consolidation
-next thing , the market reverses and (maybe breaks the resistance at consolidation)
however i´m going for a shorter move
after silver hits the support i looked for an engulfing candle that overshadows the bearish one which is a sign of reversal
- the leg of the bearish pullback is strong, so i´m...
-was waiting for a break & a possible retest to enter
-there was no retest (but the divergence on the chart indicated that the market would shoot down)
-Took the trade and was immediately in profit
- ALL TPS hit in LESS THAN 10 MIN !!!