Silver Long
Dow: LH, LL (-)
Candle: 3 white soldiers on weekly time frame (+)
S&R: Closing above Resistance (+)
Trend Line: Closing above trendline (+)
Fib: Testing resistance at 0.618 fib
Chart Pattern: NA
Seasonal/TimeCycle/Nature: NA
Divergence: NA
Trade plan:
Entry, Take profit and Exit levels are mentioned on chart
Candle: 3 white soldiers on weekly time frame (+)
S&R: Closing above Resistance (+)
Trend Line: Closing above trendline (+)
Fib: Testing resistance at 0.618 fib
Chart Pattern: NA
Seasonal/TimeCycle/Nature: NA
Divergence: NA
Trade plan:
Entry, Take profit and Exit levels are mentioned on chart
Note
Moving exactly so far as anticipated. Lets seeTrade closed: stop reached
Although the trade went as i anticipated but i was stopped out technically. I should have put my stop loss slightly below the previous lower low. I said technically for the reason because in my trade plan i was stopped out but in real i didnt put stop loss in my trade and when it went in my direction i made a profit of 1700 Euro.
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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.