Mid term long silver

This is my first non crypto idea. I've read/heard commodities are the most similar to crypto to trade, so i'm going into them. I'm opening quite a big position in here for my standars thanks to leverage.

Here are my technichals to support this long setup.

• Three weeks downwards tend broken
  
• Daily RSI and MACD bull divergence
  
• Bottomed at +1year three points ascending trendline
  
• Weekly candle suggesting bottom and trend reversal (see chart below)
  
• Daily MACD bullish cross inminent
  

Entry: 16.439 (or monday weekly open)
Target: 17.822
Stop-loss: 15.653
Leverage: x5

Comentário:

Some more supports for a long setup:
200 monthly EMA

150,75 Weekly MA cross

Comentário:

MACD crossed bullish.
Also 8, 13 MA bullish cross.

Comentário:

Silver keeps a slow scalation to our target. No way near of the crypto thrill, but you can sleep at nights lol
Stops will be filled, market won't collapse 30% over night... after over a year trading crypto this feels like a pretty calmed market.

Comentário:

Moved my SL up to 16.9