Please watch this video to understand why I believe the downside risks are still dominant related to price trending.
Yes, we've seen a solid recovery today, but watching Silver and RSP, it appears the Excess Phase Peak pattern is still progressing toward a breakdown new low.
I urge all traders to stay very cautious of the risks throughout today and Monday.
The markets need to climb higher quite a bit to invalidate this pattern - and I don't see that happening before Nov 5.
Buckle up.
Get some.
Yes, we've seen a solid recovery today, but watching Silver and RSP, it appears the Excess Phase Peak pattern is still progressing toward a breakdown new low.
I urge all traders to stay very cautious of the risks throughout today and Monday.
The markets need to climb higher quite a bit to invalidate this pattern - and I don't see that happening before Nov 5.
Buckle up.
Get some.
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Love My Videos/Research - GET MORE..
-- Special TradingView Tools
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-- More..
Join Ment.com Expert Growth Today
Get Some.
-- Special TradingView Tools
-- Automated Trading Systems
-- Proprietary Algos/Signals
-- More..
Join Ment.com Expert Growth Today
Get Some.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.