faylee

Silver buy the dip

Long
faylee Updated   
FX_IDC:XAGUSD   Silver / U.S. Dollar
80
Buy, if $16.5 holds
Effected at $16.518 already.
Tp1:$16.8
Tp2:$18.2
Tp3:$22
If broke $16.5,i will close the trade
Trade closed: stop reached:
it's not the time to long, as it broken 16.5, i prefer staying away,and wait for more safety signals.
it's a trial order, considered with the momentum and the coming news i think tight sl is better, no need to hold the loss in the red news. if 16.4 is the bottom as some ppl said, we still have many chances, then i will re-consider it, and open a new mid/long term plan,after the signal came out.
Trade active:
effacted long again from $16.3
Comment:
Daily chart: Potential Cypher pattern
Trade active:
added 16.16
Comment:
From $16.16 to 16.58, already 400+pips, this is a mid-long term trade, I won’t update frequently, just holding it for the said tg., and wait for more chance to add longs.
Weekly chart: holds by channel floor perfectly, we’re possible on the start of wave c now, next tg:$19.9-21, broke$22 will see wave c tg:$25
Comment:
Tp1:$16.8approached, 600+pips
Comment:
Tp1 reached and hit $17 today.
no profit taking now, we need some retracement to add more buys:)
Comment:
1H chart update: likely retrace $16.6-16.5 go long, for tg:$17.5
Comment:
retracement done at my targeting price $16.6
Comment:
luckly,silver didn't make new low,that's bull signal.
Comment:
Weekly chart: It is a general view for silver in the coming weeks,hopefully it will break $17.2 in this week,heading next tg:18
Daily chart:Heading next tg:$18
1H chart:see H&C pattern, wave ii retracement done, wave iii just started, heading tg:$18.2
Comment:
added 17.13
Comment:
4H chart update: Yes, it's on Wave 3, retrace 17-16.9 go long, wave 3 tg:$18-18.1
Comment:
The price just hit my targeting entry, still holding all the longs:)
Comment:
Silver looks more bull than gold.
1H chart update:
AB=CD pattern, D target:$17.77
Comment:
Daily chart update: broke $17.3, next tg will be $17.9-18.8
Comment:
profits taken at 17.35 for the positions costs above $17
Comment:
still holding longs from $16.7&16.16 with sl moved to $16.8
Comment:
4H chart update:
$17.233 support well, added long at $17.29 and still holding
Comment:
My entry b4 NFP $17.17
Comment:
approaching tp2:$17.77-$18.2
Comment:
AB=CD tg:$17.7 reached, took profits first
Trade active:
longed again 17.558
Comment:
4H chart update: once broken $17.2,will test $17-16.89
Comment:
Weekly chart:possible needs some consol at 16.9
Trade active:
4H chart update:
It has hit first target entry:$17.1, longed from 17.13
Comment:
1H chart update:
silver also close to my 2nd entry:$16.9
Comment:
target entry $16.9 hit, added
Comment:
4H chart update: is it the end of the bears' world?
Comment:
2H chart: it finally landed the wedge bottom
Comment:
long again, $16.77
Comment:
Daily chart update: watch this crucial support,expected a potential AB=CD
Comment:
4H chart update:
Watch resistant level:$16.89
Comment:
Daily chart update:
Comment:
4H chart update: retrace $16.46, go long if holds
Comment:
move sl to BE
Trade active:
buy back 16.5
Comment:
a nice surprise to us that still holding longs, a kind reminder to move sl to BE. whatever it will happen, we've already won.
Comment:
4H chart update: silver will retest 16.7
Trade active:
can long here 16.57,if you don't have any buyings before
Trade active:
holding longs from 16.107, if there's no positions can long again ,16.12-16.15

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