SILVER SHORT AS WELL AS LONG OPPORTUNITY TILL DECEMBER END ..

We have seen the downtrend in silver form June to September .
In the month of October we saw a clear break out from the downward sloping trendline (T).

Now ,the price may again come for the retest.
So We have short entry for now in silver mini till point "D" (WHICH IS ALSO A 400 D EMA LINE RED)
We can aim from POINT "A" TO "B" FIRST and then POINT "C" TO "D" again ,
OR may take a short entry at "A" and close the trade at point "D"

ENTRY LEVELS CAN BE AT 64700 (Short entry)
TARGET CAN BE 63400 THEN 62600
STOP LOSS CAN BE PLACED AT 65700 ZONE


YOU HAVE TO GIVE ATLEAST 2O 25 TRADING SESSIONS FOR THIS

ONCE THE PRICE REACHES TO POINT D WE MAY SEE THE CONSOLIDATION,OR
PRICE MAY EVEN FALL BELOW D WE HAVE TO DO NOTHING IN TAHT ZONE BUT WAIT FOE THE BULLISH ENTRY FOR A PRETTY GOOD TARGET UPWARDS .
I will post the bullish trade later.

Thank you .
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Above analysis is just for education purpose ,
i am not a sebi register advisor ,
please consult your financial advisor before taking any financial decisions .

Bình luận:

moving as expected

Bình luận:

a to b moved as expected
point c moved little higher
but at the end came to point d