Silvers Consolidation cant last forever

21 Jan

I've been eyeing the possibility of Silver breaking out to the up side since last friday.

Eveything is aligned with my indicators all pointing up.
Found support multiple times on the dotted trend line.
Money flow holding stead and looking for some upward curvature.

Currently long at $31.18, could have certainly obtainted a better position should i have longed using a limit order at the 200 EMA. However thats okay, i have my eyes set on Silver trying to reclaim the $32.00 range shortly.

Last time silver was at those levels we saw a rejection, ill expect some tubulance once were back.

Stay tuned

Uni
https://www.tradingview.com/x/9TGl0x6Y/,

22 Jan

Trading ditutup secara manual

Much time has past since i made this post. Enough to see that the momentum wave on the 4 hour has the potential to reverse. Playing it safe i will take the profit off the table. Waiting longer would incurr more potential risk and is out of the scope of the trade we are looking to take. Remember look before you leap.

22 Jan

Catatan

P.S trade was closed around the $31.65 range. Im just a little late to post and give the update the moment the decision was made.