Silver Switch to Short likely
Have a look at my previous chart ideas regarding the Short Trade idea.
I believe that the smart money has reaped what they began from the money and now would be profit taking time along with shorts.
Daily shows a signal for a double top pullback. Looking for the daily to close strongly bearish.
Keep in mind we are in a trading range aswell.
So far the 4 hour is showing very strong Bearish signs and no sign of strong bulls here.
This is following an ABC corrective formation to double top and also a failed breakout.
I believe that the smart money has reaped what they began from the money and now would be profit taking time along with shorts.
Daily shows a signal for a double top pullback. Looking for the daily to close strongly bearish.
Keep in mind we are in a trading range aswell.
So far the 4 hour is showing very strong Bearish signs and no sign of strong bulls here.
This is following an ABC corrective formation to double top and also a failed breakout.
ملاحظة
C LEG Up has formed 5 waves/3 pushes up. The wedge bearish breakout has been strong on the 4 hour and 2 hour.ملاحظة
Gold does coincide with this so far with a 3rd point of the triangle, and now rejecting.ملاحظة
Waiting for more follow through from bears on 4 hour time frame.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.