Silver's Interesting SetupsteemCreated with Sketch.

in #silver6 years ago

Below are 4 charts 4 hr. - daily - weekly - monthly. I'm using Andrews Pitchfork and the pivot points from the high in 1979, the low in 1991 and the high in 2011.

We get a nice picture of where price meets the median line and high probability support.

The bottom chart is the monthly chart, using the Stochastics momentum indicator. There's no confirmation yet on the monthly but zooming in down to the hour, there's evidence of basing.

What's the downside? Well, the price could be taken below indicated in the 5th chart, the hourly.

charts below where done and uploaded September 26th... wasn't able to submit till today.

Silver September 26, 2018 - interesting setup.jpgEnding......... Look back at the other posts. You'll understand that there's one more wave, meaning all time highs in the future.

Silver September 26, 2018 - interesting setup 2.jpg

Silver September 26, 2018 - interesting setup 3.jpg

Silver September 26, 2018 - interesting setup 4.jpg

Silver September 26, 2018 - interesting setup 5.jpg

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.

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63743.08
ETH 2657.15
USDT 1.00
SBD 2.87