hello my friends traders , as you see the price is really weak against the 61.80 fibo and it respects this level, But pay attention once the price hits or near to hit the 100% level take your partial profits or close your trade if you don't want to be under stress or simply if you are confident you will break even and let the price do whatever it wants . If...
OANDA:XAGUSD forming a triangle pattern on the hourly chart which is a sign that buyers are losing their strength to continue the uptrend
If the price enter inside the channel and breaks the Blue TrendLine ..so silver for short..TP1 is 15.1 and TP2 is 14.95
XAGUSD is currently located at the 0,618 fib level at a horisontal resistance. I will be following price action closely and looking to open a short position.
I think that there are critical points to be considered in the long term for silver.. It is very important for investors to pay attention to some small details from past to present.. In the weekly chart, the price of silver is below ma50 and ma100, silver should rise above these levels for a positive trend.. As I mentioned in my previous publications, I think...
Alike Gold, Silver is in a clear downtrend. The price corrected the previous leg down and the rise stopped just under 16 strong resistance. The major trend is ready to resume now and a down correction for Gold can only help. I will sell Silver for a 14 target with stop loss above 16 for a comfortable R:R of 1:1,5
We have multiple conformations and wait for breaking the Rising wedge.
Hello dear subscribers! The price of Silver will fall at the moment when the price enters the sell zone, the Price will fall to a key level, but will not fall beyond this level. Watch the dynamics of prices. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
Here we can see Silver making a simple zigzag pattern from September 2019 high. Wave (a) unfolded as a leading diagonal with 3-3-3-3-3 internal structure. It then followed by an a-b-c zigzag retracement in wave (b). Since the completion of wave (b), the bears have enjoyed a massive decline in wave (c) which is not completed yet. According to Wave Theory, ...
SILVER lONG TERM VIEW JUST TRADE WITH PROPER MONEY MANGEMENT
I am expecting downside Move, let see how Market Moving . ThankYou
XAGUSD expected to rise up to 1st resistance at 17.0472 where it could potentially react off and drop down to 1st support at 16.6367. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Thanks for Taking Interested in my Trading Idea. XAGUSD : Level Break Confirm. Market Looks Move to more Downside because Support level was broken. Dear followers, the best Gift for me is "will be your likes , comments & Share Note: This is only for Educational purposes; this is not investment advice. Thanks for your support!
Plan : wait for price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you...
1 hour chart = Double top 4 hour chart = Oversold Daily chart = Oversold