I’m expecting Silver to do either this coming Asian-London session. I’m still expecting the 38 fib to hold up to cont the long term bull trend. But the way the market works, the market needs Institution to enter to push the market higher & higher. That being said the market can range and push up for NFP! Patience and trade what you see!
MY ANALYSIS HAS BEEN SPOT...
Market been doing what I’ve said all week. I’m expecting the 38 fib to hold up for swing highs. Another option would just range for the rest of the week, but since it’s NFP I do expecting expansion higher to completely fill in the 4hr OB(order block)
4hr OB(Order Block) will be the play for Tuesday. I’m expecting a bit of consolidation but there will be amazing scalps before the swing high towards ends of week!
My Sunday Analysis was spot on. I didn’t expect for the market to fly up like CRAZY. But, this what I’m expecting for the rest of the week. Clear as day that Bulls has taken over the market, SWING LONGS, SCALP SHORTS.
As of the weekly the market can go either way. As of NOW, I am bullish long term. It doesn’t mean we can’t scalp bears in the consolidation.
If we start getting institutional candles on the 2hr-4hr engulfing pass 31.840. Then I ll be flipping bias to long term bears.
The way Silver closed on the monthly, I figured it would start the this month off bullish. These are key areas I’ll be looking for bulls to run. I’ll release an Weekly setup today also.
