xplicit

xplicit

A big divergence in RSI. A massive divergence in MACD. What do you think will happen after the zero line crossover? I'm not your financial adviser, trade at your own risk.

xplicit

As expected, silver bounced off the 0.618 Golden Ratio of Fib Retracement and a massive trendline , formed a sort of triple bottom and reached the first target of 18.601 . Next target is 21.248 This is not investment advice. Trade at your own risk.

xplicit Updated 

We did not hold the 21 EMA and it seems that we need to revisit the 0.618 Golden Ratio of Fib Retracement and a massive trendline thus potentially forming a Double Bottom which is a bullish sign. By bouncing from this trendline we can still expect silver to reach the first target of 18.601 and the the second target of 21.248. This is not investment advice....

xplicit Updated 

So we have a clear Shooting Star Doji and a Bearish Divergence which are clear bearish signs. Price could reach down to 17.412 which is a 0.618 Golden Ratio of Fib Retracement and a massive trendline from which we should bounce quite massively. This is not investment advice. Trade at your own risk.

xplicit Updated 

The 0.618 Golden Ratio of Fib Retracement and a massive trendline held beautifully the price of silver and formed a Higher High. If we break the 21 EMA, we can expect silver to reach the first target of 18.601 and the the second target of 21.248. This is not investment advice. Trade at your own risk.