Silver: Expecting one short position
Cập nhật
Talking Point:
Technical Strategy: Turning Bearish
Elliottwave View: Progressing wave (C) of c.
Analysis
Silver was trading sideway and is on long term down trend. However, recover from 13.91 looks promising. We had impulse leg up and current move from 20.96 is correcting this move. We were expecting correction over 17.04. But current move on lower timeframe is not suggesting any good sign of bulls.
Action
We are prefer to short this pair for target 16.30 area with very limited stoploss.
-- By hoagtrading (Hoagtrading.com)
Technical Strategy: Turning Bearish
Elliottwave View: Progressing wave (C) of c.
Analysis
Silver was trading sideway and is on long term down trend. However, recover from 13.91 looks promising. We had impulse leg up and current move from 20.96 is correcting this move. We were expecting correction over 17.04. But current move on lower timeframe is not suggesting any good sign of bulls.
Action
We are prefer to short this pair for target 16.30 area with very limited stoploss.
-- By hoagtrading (Hoagtrading.com)
Giao dịch đang hoạt động
Trade Initiated: As price moved upward and tested channel, we are calling correction over and starting up shorting position.
-- By Hoagtrading.com (Twitter: @Hoagtrading)
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.