Hello, traders. At XagEur we can look now for a buy trade to the upside, possible to touch the top. Use tight SL if the price reverse down, and put it on breakeven if once there is an impulse.
Happy trading, guys.
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Most popular metals have been showing a bullish move this week.
Silver is not exceptional.
We can see the reversal move completed and the resistance broken and retested as support.
I expect this to soar to at least +70pips
Silver still trapped inside triangle formation, lagging with regard to gold's performance....waiting for a break higher and moving average inversion for bullish entry.
XAGEUR is trading on a 1W Channel Down (RSI = 26.364, MACD = -0.420, Highs/Lows = -0.7743, B/BP = -1.3920) on a steady bearish pace (as the neutral 1D CCI = -24.2424, Highs/Lows = 0 indicate). We are short, targeting 11.6000.
Hello everyone,
We are finding a bullish bat on XAGEUR, The entry will be divided into two, you can find them on the chart, everything as shown. trade with care. cheers
Euro may fall because of the difference in the ECB and Fed rates
The Parabolic indicator gives a bullish signal.
The Bollinger bands have widened, which indicates high volatility.
The MACD indicator gives a bullish signal.
Long term target 18.50
Buying the pullback for getting a little profit in short Term.
Then take partial profit and we get a free risk position for long term changing stop loss to breakeven
-37 week continuation descending triangle
-Possible 5 week horizontal range launching pattern (boundaries are not well defined)
-Second entry attempt
-Looking to put 40 basis points of risk initially, an additional 40 if conditions are favourable
Hey Guys!
Seems like a good entry point for silver!
We have a strong support and if we look at the MACD and the stochastic RSI, it seems like there is nothing wrong with an long term invest.
What do you think ?
-34 week continuation decending triangle
-Possible 5 week horizontal range launching pattern (boundaries are not well defined)
-Looking to put 40 basis points of risk initially, an additional 40 if conditions are favourable
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