falling wedge silver; fed decision this evening
Silver has formed a falling wedge with low volumes, we can see a clearly divergence in on balace volume and momentum.
In daily chart there was a double bottom and then the wedge so we have 2 inversion figures. in h4 chart a rsi divergence.
If we look at futures contracts we can see that they have a high price so the investors are positive about silver.
Fundamentally this evening there will be Fed decision and I think Powell will tak about a possible cut in future because there are some divergences beween he and trump.
In daily chart there was a double bottom and then the wedge so we have 2 inversion figures. in h4 chart a rsi divergence.
If we look at futures contracts we can see that they have a high price so the investors are positive about silver.
Fundamentally this evening there will be Fed decision and I think Powell will tak about a possible cut in future because there are some divergences beween he and trump.
تم فتح الصفقة:
Buy at 1.14725
Take profit 1 at 1.1517
Take profit 1 at 1.1517