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Short on break

112
Watch for breakdown on Silver - 1H close below trendline

Expectations :
1. Looking for similar action to the one posted here:
Short on break

2. Whereby - weakness on this current bounce and a pullback or a small ranging action (on lower time frame) around 22.75 -22.85 zone or below

Price targets :
22.15/20 - previous low on the 1H candle 16:00 UTC on 22/1
22.00 - next support level from 6-7 Jan lows
21.45/50 - below that is a 2 times low on 1H candle on 29/9 and 15/12

However should 1H close above previous high of 23.06 this MIGHT be invalidated, will update accordingly

*Prices and trendline drawn based on Silver Continuous Futures listed as on COMEX, prices may differ from your broker especially if you are trading CFDs or other forms derivative
**All timing based on UTC+0
Not
As of now per oscillators on the 4H it looks like there's room for more upside
İşlem kapandı: hedefe ulaştı
primary target hit, quick bounce though

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.