Bulliah Indications:
1. Hammer Candle formed
2 DOW theory HH & LH intact.
2. Bulliosh parallel channel Intact.
3. Price at 61.8% FIb level support
4. AB=CD pattern intact
5. Silver moderately bullish in December/ January
6. Bullish divergence on ST-Dev
7. Increase in buy volume.
Trade plan: Buy / Long Trade
Entry point : Buy above the support zone @ 24.08 with bullish candle.
Stop Loss @ 23.13
Take profit - 1 @ 24.50
Take profit - 2 @ 24.90
Take profit - 3 @ 25.35
1. Hammer Candle formed
2 DOW theory HH & LH intact.
2. Bulliosh parallel channel Intact.
3. Price at 61.8% FIb level support
4. AB=CD pattern intact
5. Silver moderately bullish in December/ January
6. Bullish divergence on ST-Dev
7. Increase in buy volume.
Trade plan: Buy / Long Trade
Entry point : Buy above the support zone @ 24.08 with bullish candle.
Stop Loss @ 23.13
Take profit - 1 @ 24.50
Take profit - 2 @ 24.90
Take profit - 3 @ 25.35
