Looking at the chart we have a very good reason to go long with silver. Price is testing a very strong support zone meawhile RSI in the lower timeframes is extremely oversold. A more aggressive approach to this would be to buy the market based only in structure. A safer way would be to wait for price to form any buy signal (the one you have in your arsenal), a harmonic pattern in mine.
Stoploss and profit targets as shown at the chart. As always if price reaches the first target we move stoploss to breakeven to the second one.
Like and comment if you agree!
Stoploss and profit targets as shown at the chart. As always if price reaches the first target we move stoploss to breakeven to the second one.
Like and comment if you agree!
