/biz/ - Business & Finance

>>20609093
>Billy's mom let's him shoot two arrows at once

Silver may have entered a temporary range. Pic related roughly between the two yellow lines. If it commits to this you may expect the bulk of the price action to be around here. If you're keep on using stop loss, you could put one a percent or two below yellow line. However, stop losses on commodities tend to work out poorly due to tendency to long wick above and below resistance and support respectively while still being stuck in range. I left ATR trailing stop average line on to give better illustration of where silver's support level on the hourly sits for now. This widget is decent enough as a neutral baseline type thing. It's not the best for entry and exit but does help gauge trend for you. I like it pretty well and have switched to it as primary to replace using the two ichimoku lines for same purpose previously.