XAGUSD is approaching our first support where we might see a bounce to our first resistance level . Stochastic is approaching support as well.
XAGUSD is approaching our first resistance at 15.708 where we might see a strong drop might price to our major support at 15.237. Stochastic is also approaching resistance where we might also see a corresponding drop in price.
XAGUSD is approaching our first resistance at 15.708 where we might see a strong drop might price to our major support at 15.237. Stochastic is also approaching resistance where we might also see a corresponding drop in price.
Wait for the break and close of the wedge to enter to sell. Move Stop Loss to break even after the first target is hit ( First Traget = First Arrow ).
XAGUSD is approaching our first resistance at 15.60 (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 15.34 (61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on...
We have our target zone ( green box ) marked out ready for price to park itself in, this zone has been used as key support and resistance before as you can see. Silver has been in a downtrend market since mid may 2016 and we can see this continuing until our target is hit, and as you can see from the bearish candles last week and this week there is still a lot of...
marked on the chart ( green line ) we have a key support level on the monthly, weekly and daily timeframe, we can see this been re tested again as price has made a nice bearish run the past week. So we will be in a sell until we get to this level, you have to have patience in this game otherwise it will beat you up ( I am talking from experience haha )
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
XAGUSD is approaching our first resistance at 16.50 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 15.87 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance where...
XAGUSD is approaching our first resistance at 16.259 (Horizontal pullback resistance, 61.8% fibonacci retracement) and a strong drop might occur pushing price down to our major support at 15.577(horizontal swing low support, 61.8% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it...
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
UPDATE-We have took the entire profit out of the table from our silver trade at $15.700 which is mentioned below and making profit of about 1500 USD,However our risk free trade gold has been closed Automatically with no profit and no loss-we are reopening the gold trade Currency Pair: XAGUSD ( SILVER )-(This trade has been closed) Sell Stop Entry Price:16.00...
XAGUSD is approaching our first resistance at 15.64 (horizontal pullback resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 15.55 (horizontal swing low support). RSI (34) is also approaching resistance where we might see a corresponding drop in price....
ENTRY: 15.705 SL: 15.778 TP: 15.584 This was a pair late last night I was looking to go short on. My decision was not based on Ichimoku, but rather Support and Resistance, Candlestick Patterns, Chart Patterns, and Divergence. Price came in contact with a Daily resistance level and began consolidating. The failed break of the previous fractal, along with...
Asset Pair: XAGUSD ( SILVER ) Sell Stop Entry Price:16.00 Take Profit: 14.00 Stop Loss:16.450(moved stop loss) Capital Risk:2000 USD Potential Reward: 12000 USD Risk/Reward: 1:6 Asset Pair: XAUUSD ( Gold ) Sell Stop Entry Price:1320 Take Profit: 1160 Stop Loss:1340(we will reduce the stop loss points once positions will be more favorable)...
XAGUSD is approaching its support at 14.89 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal pullback support) where it could potentially bounce to its resistance at 15.34 (50% Fibonacci retracement). Stochastic (89, 5, 3) is approaching its support at 1.4% where a corresponding bounce could occur.