Silver / U.S. DollarShort
XAGUSD SHORT FRACTALS
Found some repeating fractals in this medium-long term uptrend of Silver.
As you can notice we have a repetition of fractals based on Fib levels. Every short-term uptrend happens after a retracement to 61.8% levels are reached.
I expect a move towards 18.000 range area before a new massive uptrend.
As always, be careful, set a proper stop loss, never bet what you cannot afford to lose and stay positive!
As you can notice we have a repetition of fractals based on Fib levels. Every short-term uptrend happens after a retracement to 61.8% levels are reached.
I expect a move towards 18.000 range area before a new massive uptrend.
As always, be careful, set a proper stop loss, never bet what you cannot afford to lose and stay positive!
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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.