SILVER (XAG/USD) | 16.500 - Keep An Eye On It!
Hi,
Green area consists of:
1) Fibonacci Golden Ratio 62%
2) Fibonacci Extension 127%
3) Middle number 16.500
4) Daily & Weekly EMA200 are around the marked area.
5) 2X AB=CD!
6) Channel projection
7) Let the bullish price action around the green area guides you into the trade!
16.500 is the key level, wait for a smaller timeframe candlestick patterns after the touch. As said let the price action guides you into the trade ;)
If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Regards,
Vaido
Green area consists of:
1) Fibonacci Golden Ratio 62%
2) Fibonacci Extension 127%
3) Middle number 16.500
4) Daily & Weekly EMA200 are around the marked area.
5) 2X AB=CD!
6) Channel projection
7) Let the bullish price action around the green area guides you into the trade!
16.500 is the key level, wait for a smaller timeframe candlestick patterns after the touch. As said let the price action guides you into the trade ;)
If it was helpful then take a second and support my effort by hitting the "LIKE" button, it is my only fee from You!
Regards,
Vaido
