TradingView
jojofang0901
1. Jul. 2021 23:30

Silver Short Term Sell, Long Term Buy  

SilverOANDA

Beschreibung

Hi traders:

I briefly went over Silver in the my latest Commodity Outlook video on a bullish mid-long term outlook.

While short term wise, I do see the potential sell from a bearish price action on the lower time frame.

We can see price is currently in this large, higher time frame parallel channel correction, correcting the previous strong impulse move from after Covid.

To complete the higher time frame correction, one more swing lows is necessary to have at least 2 swing highs and lows.

The latest price on the lower time frame show us an ascending channel follow buy a bearish impulse down.

Lastly price is already forming that continuation correction,
so wait for correction to finish and look for short term sell to the bottom of the structure,
and be on the look out for the long term buys.

Kommentar

Kommentar

Kommentare
FieryTrading
Good content💪
jojofang0901
@FieryTrading appreciate it thx
jazerbay
Professional work, really liking it and thanks for sharing
KlejdiCuni
Thanks
jojofang0901
UnitedSignals
Great outlook!
jojofang0901
@UnitedSignals, thank you :)
financialflagship
Great analysis, thanks for sharing 😊
jojofang0901
@financialflagship, your welcome thx
ProSignalsFx
I would have my buy limit at 22$
Mehr