Silver reached HTF resistance confluence(blue) and firmed a HUGE head& Shoulders.
After a break of neckline a small H&D is forming a gain, at the retest of the bigger H&D.
High odds for sell.
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Note: Manipulation occurred to the downside recently, which is not good for sell positions......
Hello traders, Silver in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The counting shows that in general a forward motion has been formed which may be for wave 1 or a and wave 2 or b, and now we have entered a new phase by breaking the channel related to the term.
This trend may...
Silver is clear in the bearish trend.
Price action made a complex pullback and false break of the major resistance level.
A false break is a great signal and opportunity for a trend continuation trade.
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Hi everyone!
Silver has been making lower lows. Obviously we look for shorting opportunities.
Notice confluent zone holding the price. IF price breaks 22.000 level then it's reasonable go short.
Based on technical factors there is a long position in :
📊 XAGUSD
🔵 Long Now 21.75
🧯 Stop loss 21.10
🏹 Target 1 22.22
🏹 Target 2 23.75
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Trading Setup:
There is a Trading Signal to Buy in XAGUSD Silver.
Traders can open their Buy Trades NOW
⬆️ Buy Now or buy on21.17
⭕️SL : 20.94
🔵TP1: 21.79
🔵TP2: 22.54
🔵TP3: 23.25
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please...
Since August last year, Silver is trading, more or less, in a range and, excepting, March and April's false break of resistance, the boundaries are pretty clear at 22 and 25.
Last week the price has broken under 22 support, but, considering the quick reversal and retest of now resistance, this can be a false break.
The confirmation comes with the price back above...
Since the 18th Aprile Silver's price has dropped almost in a straight line with a single significant green candle on the 4th of May.
Now the price is trading in the important 22 support zone and we can have a reversal at this point
The first resistance is just above 23 followed by important 24.
Buy dips under 22 can be a good strategy with negation if support falls.
Expecting bullish price action on SILVER as price takes out 25.00$ liquidity area below the sell side liquidity. Price is also in a bullish orderblock area on the D1 timeframe and from there we could expect higher price.
What do you think ? Comment below..
Hey guys!
I'm covering what could be the biggest potential precious metal for the coming year
In the video you can expect to learn about the big picture chart pattern and shorter-term expectations with practical ideas to take advantage of it.
Inflation is on the loose with probably the worst it's ever been in modern history and Silver is a natural hedge to...
We're looking for the LONG in SILVER - XAGUSD
We have hit the 618 retracement of the previous swing ( 15.12.2021 - 08.03.2022)
We are approaching a 1.272 extension of the last minor swing (28.03.2022-08.04.2022)
There is a buying tail now except we have no real evidence of buyers yet.
We could see further decline to 707 or 786. The 786 happens to match up with the...
📉 Expecting bullish price action on SILVER, i think we will see buy side liquidity area being taken out as we see a MONEY FLOW into the commodities 27.00$ price area. We also had a bullish bos which confirms the bullish strucutre.
What do you think ? Comment below..
