Hello Traders,
It's been a while since I made a post here, but I'm back.
Silver is currently trading just above a weekly order block which I expect to trade lower to enter into the demand zone. You will also notice that if you take a look at your weekly chart, price formed a clean CHOCH and it is expected that the bullish rally continues.
To add confluence, look at your dollar index (TVC) and you will notice that the price is just a few bullish candles away from the weekly supply order block.
I will be making more posts like this.
Follow for more.
Cheers,
Jabari
It's been a while since I made a post here, but I'm back.
Silver is currently trading just above a weekly order block which I expect to trade lower to enter into the demand zone. You will also notice that if you take a look at your weekly chart, price formed a clean CHOCH and it is expected that the bullish rally continues.
To add confluence, look at your dollar index (TVC) and you will notice that the price is just a few bullish candles away from the weekly supply order block.
I will be making more posts like this.
Follow for more.
Cheers,
Jabari
Trade active
Trade active
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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.
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.