Bearish Shark & AB=CD Confluent PRZ
Apparent retest double bottom at C. With the Gold/Silver ratio
appearing to have topped (rising wedge diagonal), this bodes
well for Silver relative Gold (which occurs in metals rallies). Until
proven otherwise, I see the bias in Silver to the upside. I will be
looking to ride it up to the Dual PRZ, and assess at that time
if/when it arrives.
Also note that C of the Shark is a "5th" touch of a falling channel,
typically seen as a long entry area. Initial goal is to reach channel top.
appearing to have topped (rising wedge diagonal), this bodes
well for Silver relative Gold (which occurs in metals rallies). Until
proven otherwise, I see the bias in Silver to the upside. I will be
looking to ride it up to the Dual PRZ, and assess at that time
if/when it arrives.
Also note that C of the Shark is a "5th" touch of a falling channel,
typically seen as a long entry area. Initial goal is to reach channel top.
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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.