bagofXMR

Mid term long silver

Long
bagofXMR Mis à jour   
TVC:SILVER   CFD sur Argent (US$/OZ)
This is my first non crypto idea. I've read/heard commodities are the most similar to crypto to trade, so i'm going into them. I'm opening quite a big position in here for my standars thanks to leverage.

Here are my technichals to support this long setup.

  • Three weeks downwards tend broken
  • Daily RSI and MACD bull divergence
  • Bottomed at +1year three points ascending trendline
  • Weekly candle suggesting bottom and trend reversal (see chart below)
  • Daily MACD bullish cross inminent


Entry: 16.439 (or monday weekly open)
Target: 17.822
Stop-loss: 15.653
Leverage: x5
Commentaire:
Some more supports for a long setup:
200 monthly EMA
150,75 Weekly MA cross
Commentaire:
MACD crossed bullish.
Also 8, 13 MA bullish cross.
Commentaire:
Silver keeps a slow scalation to our target. No way near of the crypto thrill, but you can sleep at nights lol
Stops will be filled, market won't collapse 30% over night... after over a year trading crypto this feels like a pretty calmed market.
Commentaire:
Moved my SL up to 16.9

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.