After checked multiple timeframes, pivote zones and checking liquidity in chart I'm still not very sure if XAG will start bullish trend or can be just a bulltrap to complete just 5th Elliot wave. Even that will publish this idea as LONG for the time being.
Silver - Intraday - We look to Sell at 19.53 (stop at 19.82) Preferred trade is to sell into rallies. The medium term bias remains bearish. 50 1hour EMA is at 19.60. Daily signals are bearish. There is scope for mild buying at the open but gains should be limited. Our profit targets will be 18.80 and 18.50 Resistance: 19.60 / 20.90 / 24.00 Support: ...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
This is a weekly chart of AG, First Majestic Silver Corp. I like to call this pattern a giant compression wedge - it's just a simple descending triangle. But considering this is on the weekly timeframe, it's a mammoth-sized wedge. I like the pattern but I really like the company. I'll try to focus on the technical analysis, but First Majestic looks incredibly...
Hello,Traders! SILVER is trading in a downtrend And the price broke a strong horizontal support Which turned into a resistance level And I believe that after the pullback and retest We will see bearish continuation Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hi, In other scenarios the support break took the price even lower. This is just an idea! Take care!
✅SILVER fell again to retest the support But it is a strong key level So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
I just wished that this would be the bottom, this would be the end, and just buy buy buy but, FED and Treasury are way more popular than Gold n Silver these days, specially Silver, despite higher cost for mining and, despite industrial demand for Silver to build solar panels and energy efficient cars, that's not what the price of Silver reflects It's just down...
✅SILVER will be retesting a support level soon From where I am expecting a bullish reaction With the price going up but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Ladies and gentlemen! A broader market unwinding is happening. What the heck do you think will happen as this thing plays out?
SILVER too will be BULLISH soon? Elliot Wave Long/Short-term analysis! 21st June 2022 Only for educational purposes. DISCLAIMER Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the customer based on information received or market analysis is expressly excluded. All the information made...
Hello,Traders! SILVER is making a pullback From the rising resistance level And because I am bearish biased I believe we will see a further move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅SILVER will soon retest a key support level So I think that the pair will make a rebound And go up to retest the supply level above LONG🚀 ✅Like and subscribe to never miss a new idea!✅
We see that support has been lost and we are in a downward trend.
✅SILVER is retesting a key resistance level So I think that the pair will make a pullback And go down to retest the demand level below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hi, If we have a pattern... we follow the pattern This is just an idea! Take care!
Based on technical factors there is a long position in : 📊 XAGUSD 🔵 Long Now 22.05 🧯 Stop loss 21.75 🏹 Target 1 22.25 🏹 Target 2 22.50 🏹 Target 3 22.90 We hope it is profitable for you ❤️ Please support our activity with your likes👍 and comments📝
Why was there such a sharp decline in the price of silver in the second half of April and into May? And where could it potentially move next? After taking out last year’s low just below $20.5 per ounce, silver has now slowly, but surely, retraced slightly higher. Now the price of XAGUSD is settled for the time being. Over the past few weeks, the price of silver...