S&R identified Fib point identified for TP and SL Previous wicks has followed fib points Silver oversold
Silver is a strange one, the chart looks like a volatility chart, ie sudden spikes up, which then slowly fade (unlike stocks which do the reverse). The last cycle from Jun 16 to Jun 18 was a classic bearish descending triangle. Price action from summer 2019 looks remarkably similar to May 2016 onwards, we are now at Nov 2016, which means this is just the place to...
Long And short silver on given levels on chart with proper money management thanks
We will not be surprised if silver fuels from lower levels starting from now. Target is quite down so our stop is spread and leverage is low. Entry: 18.16 Stop: 18.65 Target: 17.13 Have a nice week! Follow for more.
Short silver near 17.47/17.53 Sl above 17.60 Target 17.00 Thanks just Trade with proper money management.
Plan : wait for prices to bounce off horizontal / trendline resistance --> 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. ...
ANALYSIS ON SILVERUSD Welcome to my analysis - 4HR CHart - Interesting Point of interest In the SILVER/USD pair. - Price above 200 day EMA. - look for buy signals TO GREEN ZONE. - Watch top for sell. - Watch line for break out to the downside. - MACD showing bearish divergence Long term i am expecting move to the upside. Will update soon Stay Tuned
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.
XAGUSD : Bearish Move is Ready After upTrend line breakout.
XAGUSD potential short setup, price currently below 4h 50ma and has set a new lower low. Targeting the 127% fib extension. Look at my account for a big picture long trade idea
Bearish BAT setup. tp may change according to reversal zone
XAGUSD has been in an uptrend as we said before and this uptrend is in a bit of pause. So we spot a short possibility and we get in. Risk/Reward isn't as good as before but the possibility is high. Entry: 17.88 Stop-Loss: 18.05 Target: 17.70 Have a nice day!
Short XAGUSD-16.98$ Stoploss-17.43$ Target1 Price-16.55$ Target2 Price-16.10$
Please defer to the related link publication below posted on Thanksgiving Day 11/24; here we are now (rather than update a publication over a month ago, I figured I'd update it with a new chart) & if I'm being completely honest; I'm only re-publishing this for gloating purposes cause WE HIT THE JACKPOT ON THIS CALL BABY. I'll repost link for those of you who...
Here we can see price risks are still skewed to the topside, with CB's buying Gold at a rate unseen since the Nixon era meaning Silver will continue to move as collateral. Prices have trended in the same direction over the past 4 waves, the market appears to be underpricing the odds of future demand risks as well as a meaningful pick-up in risk due to completions...
12 RSI hitting top trendline resistance. I am looking for price to return to the breakout point for a possible long position.
Double Pattern and Rising wedge Formation . So both are reversal pattern and now i am exppecting Downside MOve . Let see how Silver Performe.
The pair has closely shown the buyers getting weak as it approaches the Trend line Which seems to be obeyed Possibility out comes will be Sellers order start to come in Sl:17.457 Entry:17.128 Tp1:16.220 Tp2: 14.289