The possible scenarioes of Euro/Dollar is indicated on the chart, pay special attention to the supply and demand levels indicated on the chart! Follow me for more analysis & Feel free to ask any questions you have, I'm here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.03.2023 ⚠️(DYOR) ❤️ If you apperciate my work ,...
H4 - Price has reached a key resistance zone. Bearish divergence. No opposite signs. H1 - Bearish divergence. Until the key resistance zone holds my short term view remains bearish here. If the price breaks below the low at 23.561 we may then consider it as a validation for this bearish view.
low risk on this trade due to high probability of SL being touched , so be risk careful - overall bullish on silver this week and coming weeks , so looks a good play , great risk to reward setup
Gold breaks the support of the uptrend channel and renews the local low. The price is forming a sideways range. How might this affect the price? When channel support is broken, price breaks the 50-hour and 200-hour moving averages on the 1-hour timeframe, descending to a low of 1950. There is a chance that the price will bounce from the SMA on the retest and go...
Silver is at a critical point as it is approaching Resistance (1) at 24.600 that is holding for the past 3 months. The MA50 (1d) is flattened and is inside the Pivot Zone. Trading Plan: 1. Sell as long as the price is closing under Resistance (1). 2. Buy if the price closes (as 1d candle) over Resistance (1). Targets: 1. 22.250 (Pivot Zone). 2. 26.000 (under...
My dear followers , I analysed this chart on XAGUSD, and concluded the following: The price is coiling around a solid key level - 24.109 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 22.977 My Stop Loss - 24.751 About Used...
Silver is unstoppable. The market keeps growing like crazy. Here are 3 important structure resistances from where we may see a pullback. Resistance 1: 24.28 - 24.63 area Resistance 2: 25.82 - 26.22 area Resistance 3: 26.7 - 26.9 area Consider these structures for pullback / breakout trading. ❤️Please, support my work with like, thank you!❤️
Hello Traders, investors and speculators :) After some time, I have to share chart of silver again. You can see that Silver is approaching and testing most important resistance zone and down trending channel. After breaking the yellow channel, it could confirm growth trend for higher highs. If Silver can break above 30 USD, it would be a significant recession...
Hello,Traders! SILVER is approaching a Horizontal resistance level Around the 24.4$ and after The retest a correction will be Expected and out target for The move down is 23.53$ Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear friends , XAGUSD looks like it will make a good move, and here are the details: The asset is approaching an important pivot point 24.100. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 23.020 Safe Stop Loss - 224.766 About Used Indicators: Pivot points are a great way to...
here XAGUSD is making bearish diversion on rsi index with rising wedge pattern on 2H chart. we will be taking entry on breakout rising wedge on last higher low with sell stop 1. Trend is there 2. Bearish diversion 3. Rising wedge pattern Risk Management 1% risk on each trade total risk 2%
Stochastic showing overbought conditions for quite some time on the daily chart. We have seen this retracement down many times before, it acts as a strong resistance. The 4-hour chart helps navigate the shorter-term direction with an immediate hurdle at around $22.56, which can be used for early exits. The longer term target could be at around $22.10, which is...
Price reached key area of resistance. Looking for a strong bearish candle stick on 4hr time frame to enter short.
Silver testing major channel resistance line. think it can break as gold/silver ratio move south, but after some dip for EOM flows.
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Long Time Frame and it has Breakout the Lower Trend Line and Completed the Retracement Break of Structure Fibonacci Level - 78.60% Rejecting from Strong S / R Level Divergence Impulse Correction Impulse Elliot Waves
Looking at Gold on the long term. Are we going to see a break of the ranging action or are sellers going to step in again rejecting price once again. Waiting to see what direction this wants to head. Im partial to the continuation of the bullish momentum but we all know how fast things can change. Silver also sitting in a similar place putting pressure on a...
Here is our detailed tehcnial review for Silver. Time Frame: 4H Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal resistance 23.44. Considering the today's price action, probabilities will be high to see a movement to 22.72 We determine oversold/overbought condition with RSI...
The silver is forming a clear Head and Shoulders pattern with a visible divergence on momentum indicators. Additionally, it has broken the ascending weekly trendline. These are all signs that the price is likely to fall to 22.150, after which it may rebound to 22.68 and retest the breached neckline. The retest point could present a good opportunity to enter a...