Silver Micro Futures has broken out from a triangle pattern with good volumes. It has been correcting under the same for nearly 560 Days. Due to geopolitical tensions, commodity prices are expected to rise. This could mark a bull run in Silver. Resistance is marked in Red. So it would have to take out the supply area to continue Rallying.
Even Though This could be the start of a bull run in silver, I would like to make a small and quick profit from the bullishness.
Buy @ 68888
Target @ 74757
Stop Loss @ 65466
Risk Reward Ratio 2:1
As it has broken out from a year-long correction we can expect silver prices to go higher after taking out Major Resistances.
Note: Views are personal, Not Responsible for P & L. DYOR before trading/Investing.
Even Though This could be the start of a bull run in silver, I would like to make a small and quick profit from the bullishness.
Buy @ 68888
Target @ 74757
Stop Loss @ 65466
Risk Reward Ratio 2:1
As it has broken out from a year-long correction we can expect silver prices to go higher after taking out Major Resistances.
Note: Views are personal, Not Responsible for P & L. DYOR before trading/Investing.
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.
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.