Silver Opportunity?

in #silver6 years ago

Using Andrews Pitchfork and Fibonacci retracement.

The silver price has bounced along the median line for the Andrews Pitchfork using the top in January 1980, the bottom January 1991, and the top April 2011

Coincidentally, Fibonacci's 23.6% retracement level coincides with time.

The only missing is a diversion with the Stochastics momentum indicator. I always like to see diversion between price and momentum but it's not 100% either.

silver Fibonacci and andrews pitchfork, August 27, 2018 zoomed in with stochastics.jpg

silver Fibonacci and andrews pitchfork, August 27, 2018 zoomed in.jpg

silver Fibonacci and andrews pitchfork, August 27, 2018 zoomed out1.jpg

silver Fibonacci and andrews pitchfork, August 27, 2018 zoomed out.jpg

silver hidden pivot, August 27, 2018.jpg

silver hidden pivot, August 27, 2018 2.jpg

Ending......... Look back at the other posts. You'll understand that there's one more wave, meaning all time highs in the future.

All data and information provided is for informational purposes only. Trend Wizard makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information in this post and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. I document this stuff for personal reasons as a log and share with the community...... only because I'm a nice person.

So in ending........ Use critical thinking and think for yourself.

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