Silver look for these 2 sell entries
Zaktualizowano
Hi everyone:
Both Gold and Silver are developing into more bearish price action as we see.
Here on Silver, we see price had the clear bearish impulse down from the previous highs, and begin to form this large continuation correction.
Price had a few swing highs and lows, good indication this structure can be completed soon.
Latest price we see a LTF push down, followed by a correction in the making.
I see 2 possible sell options, either
Option A to wait for that LTF correction to complete and look for sell stop entries
or
Option B to wait for one more push to the upside, and wait for reversal price action on the LTF.
Thank you
Both Gold and Silver are developing into more bearish price action as we see.
Here on Silver, we see price had the clear bearish impulse down from the previous highs, and begin to form this large continuation correction.
Price had a few swing highs and lows, good indication this structure can be completed soon.
Latest price we see a LTF push down, followed by a correction in the making.
I see 2 possible sell options, either
Option A to wait for that LTF correction to complete and look for sell stop entries
or
Option B to wait for one more push to the upside, and wait for reversal price action on the LTF.
Thank you
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HTF: 
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