During this week, hunt for long positions but with your targets at the 100% fib level and the upper resistive trendline.
Silver Weekly Review
Trade Recommendations:
During this week, look for long positions above the 50% fib level but with your ultimate targets at 15.36 and 16.32. Any clear bounce from either the next fib levels would have an ultimate sell TP at 14.40
Oil Weekly Review:
Trade Recommendation:
Unless the price close perfectly below 29.14, look for long positions this week but with targets at 33.30, 35.71, and 38.25. A close below 29.14 will call for further short positions but with your ultimate target at 26.38.