Hello everyone, this maybe a nice short opp. Price action may be corrective to the downside so watch for the speed of the down move as we may see one more more move up before subsequent impulse to the downside.
things to note: divergence for move down dxy may end correction for dollar strength silver looking like a nice set up also for downside trade safe everyone p.s usdcad looking for downside but don't bank on it yet. take a look at my previous posts including the eurgbp setup and gbpjpy .
@adolf512, the move will complete to the downside, this is why it is important to stress the use of a tested strategy I am not in as of yet,. I will be when it goes!
adolf512
⋅
@Carnelltrade, Maybe it is a good idea to short now? could be a bull trap(i will not do that, just refrain from buying now). The price has failed to reach above 940 again and we might see much lower price soon.