Hi Traders!
We have spotted a potential support break opportunity on the Silver 1D chart. The price action suggests that the market may want to go down to test further levels below. After a double top resistance at 26.129, there was a pullback into a price channel break, and then the market found support at 22.117. There was then a falling three methods candle formation, which is a bearish candlestick pattern.
We are looking for a break and a close below 22.117; if we get this, then we have a first target at 21.500 and a second target at 20.787.
If we do get a break and close below 22.117, then there are buying opportunities just above this level to target the long-term 26.129 resistance.
Please remember to like, follow, and comment to support us.
Your support is appreciated.
BluetonaFX
We have spotted a potential support break opportunity on the Silver 1D chart. The price action suggests that the market may want to go down to test further levels below. After a double top resistance at 26.129, there was a pullback into a price channel break, and then the market found support at 22.117. There was then a falling three methods candle formation, which is a bearish candlestick pattern.
We are looking for a break and a close below 22.117; if we get this, then we have a first target at 21.500 and a second target at 20.787.
If we do get a break and close below 22.117, then there are buying opportunities just above this level to target the long-term 26.129 resistance.
Please remember to like, follow, and comment to support us.
Your support is appreciated.
BluetonaFX
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
JOIN OUR FREE TELEGRAM CHANNEL
t.me/bluetonaFX
t.me/bluetonaFX
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.