another correction to complete wave 2
Hi Assalam-o-Alaikum , Dear GooD Afternoon Hope you are well and enjoing your trading , i'm here with my new analysis of SILVER SILVER XAGUSD analysis 05 Nov 202 0 I hope my analysis will help you in your trading best of luck share your point of view about SILVER in Comment section , Thanks OANDA:XAGUSD FOREXCOM:XAGUSD FX_IDC:XAGUSD
Silver , XAGUSD ANALYSIS 27 OCT 2020 Currently market @ 24.435 as we can see in chart H4 market breakout the trent channel and now its pull back , from this level market confirmed sell Hope you like my analysis dont forget to Follow me , Thanks FOREXCOM:XAGUSD OANDA:XAGUSD FX_IDC:XAGUSD CURRENCYCOM:SILVER
Hello everyone :) Since silver is actually a volatile instrument, it is not an instrument I frequently analyze. However, I wanted to share this analysis that I made on request. The parallel with the Gold analysis I shared the previous day is at a high level. When we look at it, it is very possible that a small impulse movement will come up to the place I have...
Alongside with XAU other commodities also tend to follow the trend. which here is down - on top of that crypto hype which recently started might also effect to commodity market where people most likely pouring their investments to crypto
Although price does look like it is breaking the bearish flag formation it has created, I would be extremely wary of a strong approaching supportive level coming up, price could very easily reverse from this point. What I will be waiting to see is a clear break of the supportive level marked followed by a re-test and rejection before entering a sell position. COT...
As always, Silver is more "Technical", easier to read and more straight forward than Gold... After the drop to 22, the price rose in a clearly corrective way, overlapping Now the price lies just above confluence support and I believe (As for Gold) that this support will fall and the price will drop. My target for Silver is 23 and a sell trade with a SL above 25...
Hi trades, Keep your eyes for sell there. We can anticipate a nice flat to push the price back to previous low.
XAGUSD Has following the same path as GOLD as its got some rejection around 1.25560 a Bearish engulfing candle was formed and felled towards 23.879 a s the USD got some major BID in recent days. The major redline was broken on October 13 with strong bearish candle along with a doji candle. The price was bounced from 23.875 and approached towards 24.600 level...
My analysis always look as simple as possible, with this glaring opportunity (Bearish flag) i will love to give this bag as my birthday gift to my followers and those that support my work.... ENTRY 24.20 final TARGET 15.80 About 840 PIPS.. Bag safely using proper risk mgt... stay blessed.
Please share with me your thoughts, Kind regards
I'll be looking at the weekly resistance to go short. Let's see how it plays out 😎
Please share with me your thoughts, Kind regards
Kindly support this analysis with your likes and comments! The Silver 4 hourly chart reveals an incomplete Elliot Wave impulse sequence from wave (b) high on the chart. It's labeled i-ii-iii-iv-v. Wave iii is the longest wave and its sub-wave of wave iii is also visible. According to EW theory, once the corrective phase in wave iv is completed an impulse move...
wave 4 completed heading to wave 5 with target price between $20 & $19