Silver ready to bounce and rise on the sky

The Silver vs USD is at the end of the retracement of h1 timeframe.

The long term market pressure (+3.4) highlight a need for higher prices.

Personally i imagine that the cross will bouce on the dynamic support on the chart and start to rise.
The long term target price is above 18.60 and the bounce on the dynamic support is a really good price to start opening long positions.

This analysis is based on market pressure.

On my twitter profile twitter.com/TizianoBruschi you can find everyday the market pressure value for all crosses.

Have a nice trading !

Yorum:

bounced

Yorum:

silver will start rising again in few hours

Yorum:

new bullish movement started