Argento / DollaroAggiornato SILVER - Clean & Simple 🤩
Silver is creating one of the best price actions we've seen recently. We are seeing a very clear impulse - correction - impulse.
The correction appears to be an ABCDE descending wedge - leading towards the 61.8 fib which would be a great place to take SHORT targets and look for LONGS. The buy set up looks even better but for the meantime, we can look for shorts.
Trade Idea:
- Watch for the completion of the smaller ABC correction leading towards the descending wedge resistance
- Watch for bearish price action and enter with stops above the rejection
- Targets: 21.46 (400pips), 18.7 (600pips)
The buy set up:
- Watch for price rejection at the 61.8 fibonacci
- Enter with stops below that level
- Targets: 30 (1150pips), 35 (1640pips)
As always, please take care and trade safe!
Leave your comments and thoughts below.
The correction appears to be an ABCDE descending wedge - leading towards the 61.8 fib which would be a great place to take SHORT targets and look for LONGS. The buy set up looks even better but for the meantime, we can look for shorts.
Trade Idea:
- Watch for the completion of the smaller ABC correction leading towards the descending wedge resistance
- Watch for bearish price action and enter with stops above the rejection
- Targets: 21.46 (400pips), 18.7 (600pips)
The buy set up:
- Watch for price rejection at the 61.8 fibonacci
- Enter with stops below that level
- Targets: 30 (1150pips), 35 (1640pips)
As always, please take care and trade safe!
Leave your comments and thoughts below.
Nota
Want more chart ups like this? Click the links below:
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Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
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Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Declinazione di responsabilitÃ
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.