Hello traders!
In the first post about silver we exposed how according to our Elliott Wave Count silver should be about to finish the second X wave in a triple three correction for cycle wave 2.
Since we arrived to a confluence zone with both the main bearish trendline from May '21 and a big volume cluster, we believe that price has a high probability of rejecting this area.
Therefore we are short from @24.32 with stop loss at @24.75. The risk for this trade is 0.7% of equity.
GMR
In the first post about silver we exposed how according to our Elliott Wave Count silver should be about to finish the second X wave in a triple three correction for cycle wave 2.
Since we arrived to a confluence zone with both the main bearish trendline from May '21 and a big volume cluster, we believe that price has a high probability of rejecting this area.
Therefore we are short from @24.32 with stop loss at @24.75. The risk for this trade is 0.7% of equity.
GMR
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stop loss on entry
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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.
İlgili yayınlar
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.