SILVER (4H) Bear Case - Trends and Patterns
So the Bear hidden in this long term Bull makes me wonder if there's yet another pull-back coming...
Case For:
Bear Flag / rising wedge - if this suggested pattern unfolds, does this create a Bear Flag or rising wedge which would break south as they do?
EW waves - obviously short term, but if this price action unfolds, these waves make sense especially on longer time frames
Support, Resistance and Trend Lines - taking in to account all of these, the price action would only be doing it's job... but WHICH trends and resistance will actually come in to play?
Case Against:
The Fed - brrrrrrrrrrrrrrrrr
The Election and all it's peculiarities - like playing Russian Roulette
Let's see what happens next
Case For:
Bear Flag / rising wedge - if this suggested pattern unfolds, does this create a Bear Flag or rising wedge which would break south as they do?
EW waves - obviously short term, but if this price action unfolds, these waves make sense especially on longer time frames
Support, Resistance and Trend Lines - taking in to account all of these, the price action would only be doing it's job... but WHICH trends and resistance will actually come in to play?
Case Against:
The Fed - brrrrrrrrrrrrrrrrr
The Election and all it's peculiarities - like playing Russian Roulette
Let's see what happens next
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.