Silver long - starting soon

I expect the Silver to go down to light blue line - entry point 1 - or the red entry point 2
Meaning - long at around 17.500 - 17.600 -
TP >17.900

Note

When we get to first TP - I will see and update - it could well go above 19.900

Note

Trade active

Note

Still in correction - so this could be an opportunity to enter the trade.
Watch out - if it breaks the red bottom line - then we could be in for a bearish impulse instead.

Note

Getting to first TP
It has tested it - but still not broken it. Believe it will do.

Note

It have been following the setup quite nicely. Looking at different indicators, we could be in for another correction wave, before we see the breakout impulse wave. I am selling my position close to the red line - and then wait for the correction before a new long setup.

Note

Then it look like this:

Note

Really nice breakout.
Hope a lot of you are having your long positions and gaining a lot from this.
Correction was not as strong - but what an impulse.

Trade closed: target reached

lynersen

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.

lynersen