I see 4 points, connecting to areas of divergence. If you are not aware of what divergence is, divergence is when price moves contrary to technical indicators, such as oscillators, or other data, when the price of an asset moves in the opposite direction. I personally use divergence as a form of an oncoming reversal. If you know how to use the BBMA strategy, it is...
SIlver in EUR on weekly - one on the best flags I have ever seen )) We may be just in the middle, if project a measured move up. Trade safe
Monthly: - S&D zone - Rejection candle Weekly: - Bearish W - Bearish Candle Daily: - H&S Pattern 4H: - Impulse & Correction
Possible drop to at least 20.18718, cancellation if price breaks 20.26026. This does not constitute a solicitation to trade.
Symmetrical Triangle breakout observed from top TP set as per back of the triangle Stoploss set below few pips of the bottom slope of the triangle
XAGEUR has broken above our resistance and turning it into the new support, so on this I'll execute my buying trades although I didn't catch this move from the beginning ..
XAGEUR broke down the bear flag few days ago and is dropping hard since. Recently bouced off the range lower edge support - which IF broken, I expect further fall down to bear flag target @ 16.52. Stackers, don't be sad, you can buy more cheaper! Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not...
Take any whickoff chart and overlat it on silver. Its textbook pattern. Patterns are identical. Silvet should now consolidate at the bottem of the range and eventually brake it do the downside with another abc move. So: Q2 : 18,5€ Q4 : 16,5€ first resistance Q1 : 15,0€ bottem. Thid means a good 20% drop from where we are. If dxy goes up to 120, eur/usd to 0,8 ,...
Bullish breakout : Entry price 21.07479 Take Profit 21.76496 Stop Loss 20.76107 Bearish breakout : Entry price Take Profit Stop Loss
Short XAGEUR at pull back to resistance. Risk = 1% R/R = 1.5 to 2 Sl and TP as on chart
Bullish breakout : Entry price 22.52923 Take Profit 22.94403 Stop Loss 22.31136
Looking at both scenarios here, getting close to breakout either way.
nice falling wedge setup after breaking out from bigger pennant, Signaling a continuation break out. Looking for price to get tight above capitulation wick into a a final squeeze then breakout. Could be a trade to push since the the target from initial breakout is much higher. Pattern to trigger bigger pattern.
Failure to make a new low over and over to breakout, retesting breakout area now, see if it gets the hold and follow through
XAGEUR, possible drop with a target at 22.32700, cancellation if break of 23.51169 . this does not constitute a solicitation to trade.
XAGEUR seller plan, I think it will be able to reach 19.55900 .this does not constitute a solicitation to trade.
XAGEUR seller plan with a target at 21.05290, cancellation if break of 22.92454, this does not constitute a solicitation to trade.