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SILVER (H4): Under Resistance Zone

Forecast: Rebounding from consolidation upper limit – 16.7300 – and moving down

Alternative Scenario: breaking above, reaching regression channel trend line

Comments: S/T pair moves in tight range

Payout: PUT @ 16.625 à 77% return expiring at 21:00GMT

sil_screen 26.02

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.