On daily this looks to be a Cup and Handle chart pattern. If you're not familiar with this pattern it was developed by Market Wizard William O'Neil and discussed in his book How to Make Money in Stocks.
Weekly we have a falling wedge.
Looking to buy on a break of the flag (handle).
Weekly we have a falling wedge.
Looking to buy on a break of the flag (handle).
Nota
Here's how I intend to trade a trend reversal in silver. I am looking for a trend, while I may add on a small position today I will only add a fraction of the full line I intend to trade (Probably 1/5). In 2015 we made three significant highs. As we clear these highs I will add onto my position. Weekly 200 SMA around 20-21 currently.
Trade attivo
Entered on breakTrade attivo
I have been extremely profitable lately, and have made more money in the markets these last few months than I ever have in my life. I am striving to stay humble and continue to learn and share my ideas with all of you. Thank you for the likes and I hope this gave someone else the idea to long silver. :)Declinazione di responsabilità
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.