XAGUSD: Bottom's in?
Updated
I think we have good odds that the bottom of this correction is in for Silver. I'm long, aiming to ride the move back to the weekly range top. There's a chance to trigger a monthly rally, so don't miss this trade!
Long term stop: 15.864, short term: just under today's low, buy a new daily high tomorrow. Or risk 1 ATR under today's low if you want to buy now with a tighter stop.
If interested in my trading ideas, send me a pm for more information.
Best of luck!
Ivan Labrie.
Long term stop: 15.864, short term: just under today's low, buy a new daily high tomorrow. Or risk 1 ATR under today's low if you want to buy now with a tighter stop.
If interested in my trading ideas, send me a pm for more information.
Best of luck!
Ivan Labrie.
Comment
In this case it extended down to the second monthly support:
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