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Silverbuy

Taking Profit. 15% (SILVER)Silver looks really good on the large timeframes but I will be exiting here for a nice 15% move. The 12hr and daily look to be retracing as we fire red in a potential rising wedge. Will try to capture a re entry on a pullback. I want to take these profits and reinvest into some other good trend reversals that I see from other options. Will look for the next crossover on these timeframes for re entry. If we bleed out and break support we can look for a big short out of the wedge channel. Have an awesome day! 😁 🥇 MLT | PRO TRADERS
TVC:SILVER
by UnknownUnicorn2319099
2
Silver will lead the Metals Higher InitiallyWhile the gold miners are looking to finish the ABCDE triangle consolidation shortly, they still have not decided whether they will go lower to touch the E at the bottom of the triangle or break out early and leave E behind. Hi Ho Silver however, already gave us a fake breakout first, and has now gone down and touched the lower triangle point E. This is a buy point as the sideways action or downside should be limited from here, but the upside is massive especially in the 3X Leveraged USLV. I'm a buyer of this now and will be watching the gold miners to follow Silver shortly after silver starts it's move upwards.
ULong
by HoosierHODL