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WEEKLY ANALYSIS AND TRADE SETUP- 16 APRIL 2017

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WEEKLY ANALYSIS AND TRADE SETUP- 16 APRIL 2017 Empty WEEKLY ANALYSIS AND TRADE SETUP- 16 APRIL 2017

Post by AVINASH Sun Apr 16, 2017 11:40 pm

Previous weekly analysis mentioned about 42300 level where we initiated short and currently this level is holding.

From this level prices reacted very well and fallen till 41000 odd level and now retracing.
We are holding our short position as we expect price may fall till 40000 odd level.

At present silver is in monthly, weekly sideways move and daily is up trend but trend line is broken.
Also on 240 min trend is up but trend line is broken.

OI is suggesting addition of shorts in system.


Trend Analysis:

WEEKLY ANALYSIS AND TRADE SETUP- 16 APRIL 2017 Silver27


OI Data Analysis:

WEEKLY ANALYSIS AND TRADE SETUP- 16 APRIL 2017 Silver28


Trade Setup:


WEEKLY ANALYSIS AND TRADE SETUP- 16 APRIL 2017 Silver29
AVINASH
AVINASH
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