motleifaul

motleifaul Updated 

We shall see an attempt to resume the downtrend from here. I fit will be successfull - let's see.

motleifaul Updated 

It is a bottom sometimes tested, twice hurted and reconquered. This is the third test. If it holds it should make the way up free. I am taking a first long position here already.

motleifaul Updated 

A break above the 107 level may gve way for a further strong rise up to a trend change. A brave man may take a first position now already, with cautiouseness however.

motleifaul Updated 

The cyclist shall be a trend changing signal. In this case it means to continue the downtrend.

motleifaul Updated 

We have now: - reachd the bottom of the upward channel, - retraced he rise from 102 to 113.

motleifaul Updated 

The break below the ascending trendline (and below the big triangle as well) suggests a retracement at least and may be even a continuation of the downtrend.

motleifaul Updated 

As the GBP markets are calming the same should become true for XAG.

motleifaul Updated 

The harami in dicates a correction down.

motleifaul Updated 

We are in an upward channel and the correction from its top is just beginning. So it makes some sense to jump on the bandwagon.

motleifaul Updated 

And the Vortex Indicator is already turning up.

motleifaul Updated 

It seems that the correction of the downtrend is running out of steam already.

motleifaul Updated 

There is a little resistance being the high since mid June.

motleifaul Updated 

... remains on the downside to correct the rise from the bottom.

motleifaul Updated 

... and the market isn't as sure as it was that the Brexit will be bad for Britain. The more the political situation will stabilize the more the economic facts will come into the focus. And then the market will decide on how the british economy will do. But now the imediate danger is over and it is time for the sellers to take profit.

motleifaul Updated 

The price rose very fast and is growing slower now. This indicates an overbought market. I am looking for a correction down.

motleifaul Updated 

We didn't significantly overcome the falling monthly resistance.

motleifaul Updated 

Every uptrend needs corrections. We are just seeing the current one I think. I am taking a long position here as if the rate will not fall to much we shall see a continuation of the trend upward.

motleifaul Updated 

..and having the upmove corrected which may open the way for further climbing up.