Potential for good R/R on Silver. Ta<rget 34.5 - Pullback on resitant level in positive trend - Target 1.618 FIb
Bullish momentum, would expect a small pullback before 9.5-ish where it should meet strong resistance. Further bullish support could bring the stock to 13-isd and 18 ish
Going for a 2:1 Risk:Reward ratio as price is touching a strong support level
Support on MA, Fib level which could indicate bullish momemtum until around 10 before strong resoistance should be expected. could go even higher to 15 and longterm 30
Bearish on longterm - Wait for good entry
Bearish - Wait for entry at tailbar/bearish candle at MA
1:1 R/R with stop below MA and Target in line with previus high.
Long pinbars. Potential good setup for 3:1 risk reward
Short term resistance - Look for buy at FIB 50% for 3:1 R/R
Bearish momentum - 1:1 R/R for short
Longerm bearish momentum. RR 1:1
Pushback befoe continuing down R:R 2:1
Long term bull, however likely an opportunity (risky) for a 2:1 R/R