The_Cannalyst

3 thinkable shortpositions

Viés de baixa
COMEX:SI1!   Futuros de Prata
11
Here i illustrate the three possible shortpositions which are generated by the SHSS & SHS formations

H&SS & H&S ... WHAT......???
Enjoy this formation..the litte H&S will be triggered if xau is traded below 14.3/13.9 ...TPs: have a look at the chart
Former Analysis:
AND HERE IS THE EXSPECTED MIDTERM SELL-SIGNAL!
Selling the Pullback was a great idea! Now we see the next sell-signal with target @ 12,5$!

SELL THE PULLBACK???
My expectation from my former analysis did not occur - but my exspectation of my analysis "On its way down
" is right again.
The shortterm downtrend broke and silver jumped to it s breakout Level @ 15.40$ again. This Niveau is corresponding to the Minimum correction fibo 38,2 Level .
This is the MoB or the Level to watch!!!
Bullish view: Should silver enter the old trading box between 15,4- 17,4, the swing target should be the upper edge of the box @ 17,4$. This target is only active if silver can trade above the moving averages (yellow oval)
On this way up, several resists appear. Here are based the sma&ema 200, paired with the Maximum correction fibo Level 61,8 @ 16.3$. These Levels are possible Turnaround or Pivot Levels. (Grey arrows)

bearish view: The main trend wins the fight, so the resist @ 15.4 can not be taken out of the market. A dip to the former low @ 14,3 should be exspected.
Trading under that low will initiate a selloff with target 12,5

Next Down-Wave?
Silver is following exactly the 1-2-3 green trend-counting! Trading below the last green "2" generates the next shortsignal with target 14/13.5$
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.