Welcome back! Let me know your thoughts in the comments! ** XAGUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Silver stabilizing above 24.98 will support rising to touch 25.16 then 25.35 then 25.53 stabilizing under 24.98 will support falling to touch 24.65 and then 24.50 Pivot Price: 24.98 Resistance prices: 25.16 & 25.35 & 25.53 Support prices: 24.65 & 24.50 & 24.20 timeframe: 4H
Analysis: This setup is a lot like the gold one that we took earlier, so the analysis is pretty much the same. Price has been in an upwards trend for a while now, until recently where we've seen price reverse and start to head to the downside. In recent times we saw a huge bearish confluence form, which was a break of the upwards trendline that price had been...
Multiple time frame analysis for Silver. Price action & key levels. Directional bias and thoughts. ❤️Please, support this video with like and comment!❤️
Hello traders, don't miss the sale! Silver for 21.335 will be available in the near future! Bear Flag SL 23.200 <--- Open 22.635 ---> TP 21.235
Welcome back! Let me know your thoughts in the comments! ** XAGUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Waiting and see if price can reach the blue area but be careful this set up is only valid if it happens during London or New york session
Silver formed a huge head and shoulders pattern, both on 12H/Daily time frames, The neckline is broken and the market closed below that. I believe that it may push the market lower. Next support 22.75 ❤️Please, support my work with like, thank you!❤️
Looking for a entry between 24.4 and 24.8 zone. 1:10 Risk to reward ratio.
The silver price is currently near US223.75/ounce, and it has fallen by about 1.4% during the day. If it falls below US223.75/ounce, this will open the way for a further decline in silver prices, and silver prices will continue to be expected for some time to come. The bearish trend scenario. Currently waiting for the silver price to fall below US223.70/ounce...
Silver has been in a low-level shock yesterday, and the current bearish pullback has ended, so today the bearish trend continues to be bearish. Silver @sell23.95 tp 23.5~23.1.
Hi there, For me , on daily chart this is looking very bearish, but i will not entry now with a short because we still need to wait for a break line ( red line ) and also, a Price action confirmation, afther that , if we close under the red line, i will short this . But i think will be a nice trade with a good profit .
Silver touching major resistance area and potentially forming a double top if it can't break above 26.50. I also noticed a double bottom that's playing out on the 15 minute chart that I missed while being away. Could go either way, but I think fundamentals support bulls.
24.90 remains a strong 4 Hr support level. RSI touched my divergence trendline perfectly before price bounced right back up. Waiting for price to cool off a bit before entering long again.
Looks like a double-top on 4 hour SI chart. Price broke below 50EMA If price losses the upper trendline of the descending triangle expect price to push to bottom trendline of triangle at least. Will it tap the upper trendline all the way down until the break up?
Not perfect, but big shooting star on SI daily chart along with break below the 50EMA on the 4 hour chart makes me think Silver may pullback to major support from 24.00-24.60 before shooting back up. Could the star really be the 2nd top of a double-top? Time will tell. Holding steady for now.
I'm seeing that 4 of the last 6 times that this pattern has played out over the past 4 years, at the first major pullback the RSI continues to put in a higher low. Price then move higher.
I'm seeing a bullish RSI divergence coupled with a descending triangle on the 4H silver chart. I see a similar setup 5 times in the past year and each time the price went up. Am I seeing this correctly?