Consider this as the rising wedge in the long term downtrend or in the latest short term uptrend - whatever. Both mean 'sell'. Market is clearly exhausted/overbought. Moreover, there's a strong bearish divergence with MACD and other oscillators. First target 1.152, second = 1.143. Stop loss just above the last top (~1.163). Good luck.
Bình luận:
First target hit. It can form Head and Shoulders structure or go straight to second target. Time will tell. I'm closing half of my positions, setting Stop Loss to BE for remaining ones and let them run.
Bình luận:
Silver has formed a skewed H&S pattern. If it breaks upper yellow trendline - close remaining positions. Don't be greedy...
Giao dịch được đóng thủ công:
First target reached, remaining positions closed with profit.