SILVER can bounce over the 0.618? 🦐

26 באפר׳ 2023

SILVER on the 4h chart after the bearish impulse reached the 26 areas.
The price is testing an important descending trendline nearby a weekly structure.
The slow retracement and the test of the 0.618 Fibonacci level make me consider a possible bullish continuation.

How can i approach this scenario?

I will wait for a possible break of the structure and if that will happen i will look for a nice long order according to the MTB strategy rules.

27 באפר׳ 2023

הערה

waiting for a break

1 במאי 2023

הערה

testing the weekly resistance