XAGUSD - D - LONG
Updated
I think it's a good time to enter long position on silver (and gold also but I avoid opening two trades on both assets). We broke above current fib on PA and TMS gives us a hint that big rally could happen. We are still not above RSI 50 but the impulse is quite strong.
Also on monthly timeframe we can leave a global consolidation and accumulation that could lead also to a breakout. Preferably to the north as TMS indicates, but as always in trading world, anything can happen.
Trade with your own diligence,
GL HF
Also on monthly timeframe we can leave a global consolidation and accumulation that could lead also to a breakout. Preferably to the north as TMS indicates, but as always in trading world, anything can happen.
Trade with your own diligence,
GL HF
Note
Consolidation and triangle getting closer and closer, I'm looking for a break upside but weak hands has not been totally cleared. So expect some high volatility in following weeks.Note
Consolidation still going on... That's a long time!
Trade closed: stop reached
SL hit in July.
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