SILVER Hello everyone! According to my analysis, the linear regression channel on the M15 timeframe has a northward slope, indicating the prevailing influence of buyers. This may provide buying opportunities, but decisions to buy should be made cautiously. I recommend waiting for the linear regression channel on the hourly chart to also start moving upwards before making a buying decision. I am considering buying opportunities from the level of 27.336, however, I will closely monitor the dynamics of sellers who may push prices below this level. If prices settle below the level of 27.336, this may indicate a continuation of the selling trend on a higher timeframe H1.
I am analyzing data on the hourly market chart and I see a strong bearish trend. My expectations are to wait for the upper boundary of the channel at 27.828 to sell the asset down to the level of 26.567. Breaking below the target will be a signal to continue bearish activity. It should be understood that there may be an upward correction to 26.567, so I am ready to observe the market and quickly change my plan based on changing conditions. My main goal is to find a good entry point, which I find near the edges of linear regression channels, indicating potential volatility constraints for a specific player. I am always ready to change my plan if the market situation changes because if the level of 27.828 is surpassed by bulls, it may be a sign of bullish interest in the market, which could lead to a reassessment of the situation and cancellation of sales.
