tntsunrise
Long

Silver has changed the trend in 1h chart

FX:XAGUSD   Silver/U.S. Dollar
2168 14 63
9 months ago
Silver             has changed the trend
in 1h chart
we can see the downtrend is broken
and now it becomes Sideway.
Key Level is 16.30
if price tested that level and hold,
we can enter a long
Target 16.63 FIRST
9 months ago
Order cancelled: price did not hold at 16.30
no entry
and since it is already make a lowe rlow.
this trade set up is no longer valid
Join Projack's Student Group, Learn How to Trade Professionally.
http://www.harmonicasia.com/index/course.html
Youtube:
https://www.youtube.com/playlist?list=PLN0GYK-_EO5Z3Xzp6Sk1bmfzckpkJ5NCx
FB: https://www.facebook.com/groups/projacksg/
IAmAgainst
9 months ago
I was looking at it too, do you think the same for gold?
Reply
tntsunrise TOP IAmAgainst
9 months ago
similar. gold's level is 1226
Reply
arianto
9 months ago
Jack, how we can decide a price is holding or not? What timeframe can be considered safe? Thanks!
Reply
tntsunrise TOP arianto
9 months ago
personaly i use 1h, i need to see at least 2 candles to hold above
Reply
arianto tntsunrise
9 months ago
Thank you!
Reply
Trendhopper
9 months ago
NIce call, I'm looking at exactly the same trade in Platinum, just playing out the double top with Silver right now, its a classic FIB TRADE if it comes off because your target price is the best short entry for an epic C WAVE decline!!!
Reply
nahidik PRO
9 months ago
Jack Thank you for your insight. I have a very similar idea I posted a few days ago. Your idea gives me confidence in mine.
Silver still looking down
Reply
nahidik PRO
9 months ago
snapshot
Reply
EagleGolfer PRO
9 months ago
I entered at 16.36 this morning. Although it dropped, it did not hit my stop loss this morning. Now it went back up to above 16.3. I just moved my SL to 16.25. Should I take a small loss now or I just hold it from a technical point of view? I would like to learn how I should handle this situation.
Reply
tntsunrise TOP EagleGolfer
9 months ago
now 16.30 becomes resistance. if you wan still keep the position, put the sl below 16.09
Reply
TonyLai tntsunrise
8 months ago
it reach 16.63
Reply
tntsunrise TOP TonyLai
8 months ago
refer to the status, ordern canceled.
Reply
TonyLai tntsunrise
8 months ago
apologies. just saw it
Reply
pmcllc PRO
9 months ago
no longer valid
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out