PMTradeALot

PMTradeALot Updated 

Silver is at a strong support of 15.000. You got the daily 200 MA right there on support. Here is my thought process... we got a bearish channel forming at the moment so logically people might short it, BUT as you can see, price as rejected that level quite a few times. I would not go long unless we break and retest that channel. The blue levels are zones to watch...

PMTradeALot Updated 

We waiting on a break on either side. It has been in a tight range for a few days and it should break hard very soon. Once we break we will catch it. Keep an eye on it

PMTradeALot Updated 

This pair is in an interesting place at the moment. You got the 200 and 100 Daily MA sitting right there on support zone . We broke the bullish trend line and we got a bearish trend line being rejected. We got a strong zone around 1.30000 zone that we been rejecting for awhile. It is forming a descending triangle formed. Here you got the Daily-4HR charts. We got a...

PMTradeALot Updated 

AJ came back to a consolidation zone and at the bottom of a 4hr channel and we got the 50 MA rejecting + 80.000 psychological zone.A move back up would make alot of sense. We got 50 pips until a 80.500 strong zone. I would watch for that zone cause it could be making a head and shoulder pattern. It could be making the right shoulder so keep an eye on that level....

PMTradeALot Updated 

We break and retest the falling wedge . We got MACD and RSI divergence and 0.6700 is a very strong weekly support. We also sitting on the 50% fib. Trade carefully and be patient. Always wait for a break retest.

PMTradeALot Updated 

Once we see some exhaustion at that blue level. Got alot of price action indicative around 1.33000. We got Moving Averages, we got strong supper of 1.3300, we got trendlines, and we got 61.8 and 78.6 fibs around that price.

PMTradeALot Updated 

We break that zone. It is a pretty strong zone and if we break it we have a lot of space to the downside. You can see the EMA right on support too so a break would be great.

PMTradeALot Updated 

We reject one of those 2 levels to create a new lower high

PMTradeALot Updated 

we make a rejection candle on that blue zone that aligns with a lot of price action patterns. 50% fib + 100 EMA + H&S neckline + retest of broken channel + would confirm descending trend line. Take the trade only if we get a nice candle stick pattern

PMTradeALot Updated 

We break the consolidation box + trend line. A retest would be optimal

PMTradeALot Updated 

We break the flag on the lower time frame

PMTradeALot Updated 

Be aware of the 100 EMA right on resistance. Take some partial profit there

PMTradeALot Updated 

We reject red zone

PMTradeALot Updated 

We break the flag and retest the channel

PMTradeALot Updated 

This pair is at a crucial zone. It is at the bottom of a channel and at support. Here are the 2 possibilities I see.

PMTradeALot Updated 

We reject that light grey zone correctly, or we might go down a little more to retest that DAILY zone

PMTradeALot Updated 

We coming close to the top of the channel. We made a double bottom on the monthly. We could break that channel and start a bullish trend or we could reject top of the channel and head down. We got the 100 EMA waiting right there on the top of the channel so it will be critical to focus on what will happen once it touches there.

PMTradeALot Updated 

look at the chart