Market watch $Silver 4/21/2017

 Every week a new trading opportunity! When you see a setup and you need support we are here! Never miss a good trade.

On our market watch, today is Silver. The instrument is testing the strong support 17.50-17.70 zone. The bounce from this zone is required for the upside continuation after the long-term falling trend line break.

The possible trading strategy is going long on the market with the SL below 17.40 or if you are conservative with the risk and a patient trader you could wait for a pullback into 17.50 for a long trade entry targeting 20.

Happy trading! (click on the chart to enlarge it)

 

Silver price action technical analysis

 Silver trading signal

Join our Transformation boot camp mentoring program! Only three seats left!

Change your trading psychology

We cover all Majors, Crosses, Indices, and Commodities. Join us and you will get access to Trade alerts with exact SL and TP levels, real time on email, Viber, twitter private feed, NY session analysis of all major asset classes, Live trading sessions every day moderated by our expert analyst @Aleksfx, Video analysis, Intraday market levels, Live chat support, Educational webinars. You can also read other articles at our Blog and check Chart of The Day

See our schedule HERE.

Scroll to Top
×