Silver: Uptrend continuation setup
Updated
If you missed the long entry in Silver, you can still get in as depicted on this chart, either after price makes a new daily high, or on a dip to 16.185, with stops under 15.942.
In related ideas you can see my long term analysis of silver, as well as the latest trade signal I emailed as part of my trading signals newsletter.
I'll be looking to add on dips, since our first entries are out of danger currently. It's still early to join this trend, and I expect it to evolve over the course of weeks. We'll monitor price action and the reaction to the Fed on June 15th, as well as the UK Brexit vote by the 23rd.
I reccomend risking between 0.5 and 1%.
Check out my updated track record here: pastebin.com/6CyyqnPT
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.00%% on such information.
In related ideas you can see my long term analysis of silver, as well as the latest trade signal I emailed as part of my trading signals newsletter.
I'll be looking to add on dips, since our first entries are out of danger currently. It's still early to join this trend, and I expect it to evolve over the course of weeks. We'll monitor price action and the reaction to the Fed on June 15th, as well as the UK Brexit vote by the 23rd.
I reccomend risking between 0.5 and 1%.
Check out my updated track record here: pastebin.com/6CyyqnPT
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.00%% on such information.
Note
Good progress here.Note
If we get a dip to 16.704, we can add to silver longs (or enter there if not in)s3.amazonaws.com/tradingview/snapshots/0/0UqwZbzT.png
stop at 16.332
Trade closed: target reached
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