Silver Futures (Dec 2023)
Long
Zaktualizowano

Waiting for Silver.

248
This idea uses Wyckoff theory, Dao Theory and modified Fibonacci.

Currently sitting at a range, prices are being pushed down to a better buying zone before takeoff.

Sold at the -0.383 level shown and it's looking for its proportionate "mirror image" at the 0.382.
If prices move below the 0.5 level this idea should be recalibrated.

The price is moving a bit up and was bought just before the 0.236 level at 22.49. It didn't really touched that level and that usually happens when price is going lower still.

At the moment sit tight and wait for a better entry price at 22.175.
Uwaga
Price literally touched 21.925 to the dot! (0.5% retrace that was drawn 7 days ago)
This one even surprised me!
Maybe this move will help us brake the 24 level.
5% in the money right now :)

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