Here's why it's a potentially good buying opportunity:
- the up trend,
- likely support at: 1) the potential demand level, 2) 100% size of the prior correction and 3) the median line's lower parallel (MLH),
- a perfect match of the strong SILVER and the weak CAD, currently the former oversold and the latter overbought.
- the up trend,
- likely support at: 1) the potential demand level, 2) 100% size of the prior correction and 3) the median line's lower parallel (MLH),
- a perfect match of the strong SILVER and the weak CAD, currently the former oversold and the latter overbought.
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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.
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.