I will focus next supply at price 26.2 or 26.8 Anyway it should break 25.4 first to not be a QML pattern. Let's see
If you are a SMC trader you will clearly understand the structure above so I don't have to say much .. if you have any correction or contribution or idea just comment lets share together , the above structure shows there is a shifting going on to the downside, as we all know the higher time frame rules the market and market is also reactive not predictive . a...
Preferred direction: BUY Comment: Metals also look good for long-trade at the beginning of this week, but buyers here will most likely have more difficulties than on the same currency pairs. A more likely scenario, especially for silver , is to first fall below local support before rising. This maneuver made it possible to rid the market of "spare buyers"...
Disclaimer: Please remember I am not a signal service. All trade ideas and analyses shared are only my views on the markets. When we open a position it means we may lose, so manage your risk, and accept only what you can bear. I am also trying to do that. Always follow your trading plan, trade management, and risk management. There is no place for luck in trading...
Disclaimer: Please remember I am not a signal service. All trade ideas and analyses shared are only my views on the markets. When we open a position it means we may lose, so manage your risk, and accept only what you can bear. I am also trying to do that. Always follow your trading plan, trade management, and risk management. There is no place for luck in trading...
Pair : XAGUSD ( Silver / U.S Dollar ) Description : Completed " 123 " Impulsive Waves RSI - Divergence Break of Structure Bearish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 61.80%
Long Silver is one of the latest crowded trades of the year. Silver surge sparks speculation over potential super squeeze. We will monitor if it turns out to be a short or a long squeeze. Silver has been trying to breakout of the wedge pattern but has been unsuccessful. It might break out of the wedge or break down
Gold has long been revered as a symbol of wealth and stability, with its value enduring through centuries of economic fluctuations. In times of market turbulence and geopolitical uncertainty, investors turn to gold as a safe haven, seeking to preserve wealth and mitigate risk. Beyond its role as a financial hedge, gold holds intrinsic value in various industries,...
XAGUSD - Bullish Trend in 1h Timeframe printing Higher Highs and Higher Lows.
#SILVER.. well guys market very well holding your supporting trend line as we discussed in our video analysis, in first go market placed exact low near supporting line and bounced. its still valid supporting line if market hold it then again you can see upside momentum otherwise below that line a straight drop on table. good luck trade wisely
Dear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed...
Hello,Friends! SILVER pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 24.646...
Could this be the trend continuation for SILVER? Based on what price action is showing, I see possible reversal pattern happening on the 4HR, which is currently reacting to the Fib level. Let's see how this will play out
In a world where currencies fluctuate and economies rise and fall, gold stands steadfast as a timeless symbol of wealth and stability. Renowned for its lustrous beauty and intrinsic value, gold has transcended civilizations, serving as a store of wealth and a medium of exchange for millennia. Amidst the ebb and flow of financial markets, gold remains a beacon of...
strong Buy at trendline First Support zone $24.05 Second strong Support at $23.5
Silver looking juicy. Above 200 moving average. .............................................................................................................
From my analysis(excluding fundamentals, as they can change over time) I have found quite a good place to enter long positions if Silver has a pullback. We may expect a pullback because Silver is at a price which had a history of being rejected. So maybe this will be a great trading opportunity, I have mapped out a possible entry with an RR of 4. But remember that...
#SILVER... well guys market absolutely very well hold your key support in first go and placed you targeted zone. Congratulations to all followers. Now we have again same supporting area. If market clear that area then downside next supporting area on table.. Good luck Trade wisely