CRUDE SHORT SUCCESSFUL/ SILVER TESTING TREND LINE

WELL  today being gandhi jayanti markets were closed today..MCX should have been open open yaar..i would have booked my crude shorts 😛 ..

anyway this is not the final result as i dont know how the market will open tomorrow .but technically this is what would have iddely happened if today was not a holiday..

 

crude:

2017-10-02 23_57_31-USOIL_ 50.48 ▼−2.19% - Unnamed - TradingView
Made higher low as expected..will squareoff and wait for next move

as shown in last article..the target was a replica of last lower high move..and that has been rather confirmtably achieved by dear crude..

will book if market opens at target range during indian time.

 

SILVER:

 

2017-10-03 00_00_42-XAGUSD_ 16.64109 ▼−0.08% - Unnamed - TradingView.png

 

silver is doing something interesting..it does seem that it will eventually breakout bullish anytime now..but the shape of the trendlines too doesnt quite give the entire scenario here.. i have set a small target of – points this time as iam unsure.. will stay if i see clear bearish movement..else get out.. Also the bullish move will be even stronger.. lets see

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