Nothing big, just practicing some different techniques and wanted to share my chart for some feedback. I think between June and April there will be some opportunities for a good entry point into the market. If the price breaks the current .618 support then I see a trend reversal to the first entry point. As the market is closing into the cone, these entry points...
Silver 4h, inverse HS, is very likely now, w guidance in chart. RS (right shoulder) building, could be the next movement. If RS will not become as deep as LS, that's a bullish sign, and we should expect a break up above, a move >> 5 , which will be wave (1), and then a down to retest of neckline = (2). And from there a good run >> (3) (top). IF, RS seems to...
Please support this idea with LIKE if you find it useful. Initiate Long. Entry - 18.14627 TP1 - 18.61356 TP2 - 19.28110 TP3 - 19.58150 SL - 17.99051 Reason: The price broke Ichi Cloud Resistance and formed bullish flag above. Please consider move your stop loss Under blue Ichi Cloud if it fits your R/R ratio. Thank you for reading this idea! Hope it's been...
Formation Of Running Flat Which Push The Price downside.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Perfect touches on the EMA line, a retest is possible however I think this weak downtrend will be broken after a small pullback from the double top formed, silver may follow gold and palladium in its recent bullish nature. A bearish triangle can also be observed.
Silver delivered our expected aggressive bullish break out as posted on the idea below on December 9, 2019: On this uptrend the Symmetrical Resistance levels seem to play a key role as investors seem to be taking profits on every test of those levels, pushing the price lower. The first level of Resistance was 18.110 and the most recent one 18.750. At the...
After all the exuberance from war dreams, silver is taking a breather. Short term traders are taking profit, while large systems accumulate real silver at a continued bargain. I expect some consolidation; might as well slowly buy into these lows. This is not trading/financial advice.
Hi traders . Going long here with targets on the chart . Depending on situation TP 1 might be final close but setting 50% profit take on exchange for now . Very tight stop loss on this one . Its risky play for sure and catching the bottom sometimes its not a good idea but I have feeling we will recover here. Happy trading . See you soon .
the similarities are so close to bitcoin that one cannot ignore its price action. breaking up out the symmetrical after having major bear divergence is either something we may see some impact of soon or it gets swept under the rug and continues, from TA it most certainly has to close back inside but who knows with this world ;-) ScriptA been long for a long time...
Bearish BAT setup. tp may change according to reversal zone
Parameters: Position Size : %1 Risk/Reward Ratio : 1/2.71 Stop-Loss : 17.292 Goal : 18.768 NOTE : Don't forget to look related ideas for seeing what i take as main structure for this trade. This time-frame contains more risks than 1W timeframe . You can select 1W time-frame stop-loss to make this trade less riskly (on Related Ideas) , best regards !
So the pet rocks have finally broke out after 2 months of consolidation. 4:1 risk/reward trade from here. Long with stops, ride it. Seeing pretty much the same picture for silver: Also for XAUEUR, but a much much clearer chart:
Impending boom, buy gold! How many times have you heard that this week or over the last couple of months? If we look at the technical price chart and remove as many fundamental biases as possible, we begin to see that gold is currently trading in a trap zone (a level between the 0.382 and 0.618 fibo). As of today, the weekly candle is bouncing off of the 0.618...
Just something I've been looking at as a possible scenario... Will post a more indepth analysis when we get a short term answer... On the livestream initially we had shorted 1490s but then flipped long @ 1502 and again @ 1512. Now we look much higher but lets see what happens here. Previous analyses: (38.2% Retrace, weekly chart breakout): We start...
This is one of the most bullish charts I've seen in a while. Gold also seems to be breaking out. Silver is probably gonna do some catching up. I could see this got to 26$.