On the chart I have indicated an uptrend, two sideways trends and a Choppy market. The best one is the Choppy Market / Trader Killer, as I like to call it, this is where inexperienced traders get hammered and most of the time bust trading accounts and are sometimes out of the trading game for good. Watch out and trade choppy markets with caution.
This is for illustration and educational purposes only.
This is for illustration and educational purposes only.
Note
Still a choppy market, the fight between the retail traders and hedge funds continues, I mean Bulls and Bears.Note
Silver still not showing any clear direction except sideways. The battle continues between the Bulls and the bears. We will have to wait and see who loses this battle first, then catch the tsunami and ride the waves.Note
Have to add this. The calm before the storm.Note
Still within the last sideways trend, either a bull or bear battle or Silver is just not that attractive as many though as the start of 2021.Happy trading
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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.