SILVER TO GO LONG OVER THE YEARS!
No long explanation here, just thought i'd do a quick share on markets I am watching to get in on for the long haul. If you read most of my charts in the past 3 weeks, you should know how I trade. Feel free to use this as your guideline.
This is long-term trade so atleast a year upwards before you look into collecting your winnings. I don't really suggest where to get out, you decide for yourself, but if you want my suggestion on where to consider an exit then feel free to ask.
Wait to bottom out and buy in at trend reversal to the bull side at below suggestions;
1st/top yellow line sitting at 13.723
2nd/bottom yellow line sitting at 9.683
DISCLAIMER!
I suggest working on the monthly view (1M) timeframe, using the MACD , Stoch RSI and CM_Ultimate_MA__MTF_V2 (combo of multiple indicators created by someone and accessible if you have pro account on tradingview).
Do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, thanks.
This is long-term trade so atleast a year upwards before you look into collecting your winnings. I don't really suggest where to get out, you decide for yourself, but if you want my suggestion on where to consider an exit then feel free to ask.
Wait to bottom out and buy in at trend reversal to the bull side at below suggestions;
1st/top yellow line sitting at 13.723
2nd/bottom yellow line sitting at 9.683
DISCLAIMER!
I suggest working on the monthly view (1M) timeframe, using the MACD , Stoch RSI and CM_Ultimate_MA__MTF_V2 (combo of multiple indicators created by someone and accessible if you have pro account on tradingview).
Do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, thanks.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.