Hello altogether!
What does it look like if we dive upwards? Let us check on silver to find out...
We are on a nice support (see blue lines). But note that we can pull back all the way to 23.50 (green line). However, both points seem like a nice entry point.
Once we crossed the vertical resistance (orange line) we are in danger-free zone and silver should start its next leg up.
You like risk?: get in now!
You do not like risk?: wait for the orange resistance to break!
I am already in - SL is at 23.40. Usually I do not like risky trades, but this trade feels good for some reason...
What does it look like if we dive upwards? Let us check on silver to find out...
We are on a nice support (see blue lines). But note that we can pull back all the way to 23.50 (green line). However, both points seem like a nice entry point.
Once we crossed the vertical resistance (orange line) we are in danger-free zone and silver should start its next leg up.
You like risk?: get in now!
You do not like risk?: wait for the orange resistance to break!
I am already in - SL is at 23.40. Usually I do not like risky trades, but this trade feels good for some reason...