Perak / Dollar A.S.Pembelian
Silver XAGUSD Weekly Buy Signal from "Time@Mode" Method
Silver is giving us a signal for a trade setup here this week.
The signal is from the fact that silver consolidated around the $19.25 level for 9 weeks (start counting on the week it hit its high) and then accelerated down from that mode at $19.25 and has now FALLEN FOR 9 WEEKS (as of last Friday). That means that the 9-weeks of distribution that happened up top there have been confirmed with 9 weeks of additional downside movement.
The signal is also from the point that Silver didn't drop as much as it should have. How do I label that? By looking at the price range of trading around the range expansion decline (marked by a the first yellow triangle) and note it should have fallen by another equal amount within 3 weeks, but it didn't make it. Therefore the market is "out of time" and "holding relatively strong".
Upside target is for a move back to the mode at $19.25 within 9 weeks.
Use all of the techniques to add to this position over time as the market confirms that it is indeed in an rebounding uptrend.
Cheers.
Tim 1:43AM EST 12/7/2016
The signal is from the fact that silver consolidated around the $19.25 level for 9 weeks (start counting on the week it hit its high) and then accelerated down from that mode at $19.25 and has now FALLEN FOR 9 WEEKS (as of last Friday). That means that the 9-weeks of distribution that happened up top there have been confirmed with 9 weeks of additional downside movement.
The signal is also from the point that Silver didn't drop as much as it should have. How do I label that? By looking at the price range of trading around the range expansion decline (marked by a the first yellow triangle) and note it should have fallen by another equal amount within 3 weeks, but it didn't make it. Therefore the market is "out of time" and "holding relatively strong".
Upside target is for a move back to the mode at $19.25 within 9 weeks.
Use all of the techniques to add to this position over time as the market confirms that it is indeed in an rebounding uptrend.
Cheers.
Tim 1:43AM EST 12/7/2016
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.