Big money has been accumulating buys but suppressing the price as they would normally do creating equal lows are shown on the chart. that last daily candle is like a spring and the divergence confirms that. now I expect silver to go up over the next few weeks to the next re-accumulation/ distribution level.. it will be a long hold but should be worth it with 1:5 RRR .. I'll take these odds any day.
I would love to hear your thoughts about this idea.
Disclaimer:
this is not a signal .
Please trade at your own risk using your own analysis.
I would love to hear your thoughts about this idea.
Disclaimer:
this is not a signal .
Please trade at your own risk using your own analysis.
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.
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.