Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Hello,Friends! SILVER pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 23.419 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Silver dont momentum to breake tight channel and has chance to touch lower band of his channel. Trade safe. Good luck.
#SILVER... market just reached at his upside final resistance of the day , keep close it because if market hold it then again drop expected otherwise not. 24.42 was our area if you remembered guys, that was our first supporting area in our last 4 to 5 #SILVER ideas, in first go market hold it and then create a volume to move any side, now at his final area and...
Silver 30m buy Idea based on smart money concepts The Daily, 4h and 1h are trending up so I am looking for buys On the 30m chart we had an area of consolidation, price then takes the lows and reverses to break structure to the up side, leaving imbalance behind I have my entry at the start of the imbalance for a buy and my stop loss covering the lows I am...
Nothing to do but over eat and binge watch TV, took this for some fun. I'm heading out for a walk.
On the 45-minute chart, it is evident that silver has been steadily building momentum since yesterday, indicating a positive trend in the market. Presently, silver is positioned on a support level, which is a key indicator of a potential upward movement in its value. This suggests that there is a probability of a profitable opportunity for investors who are...
In the daily time frame, the price is moving in an upward pattern, if the price can break the correction range of 24.20 units upwards and stabilize in that range, the price can increase up to the range of 24.60, and if the movement is strong, up to the range of 25.30. to experience Otherwise, and the price remains within its correction range, it can correct up to...
Since I do expect a market crash, I was interested in taking positions in commodities like Gold and Silver. At that moment I felt that Silver was in a much better price point as per technicals when compared to Gold and so I did take a position on Silverbees for about 5% of the net capital. Expecting a move of about 12.5% to the top of the channel line as per this...
Live trade silver. I expect bullish price today but I don't have an exact target so I use a measured movement with a risk of 1/1 but it is with high probability, around 80%
shorting silver from recently created bearish OB, price showed rejection and displacement, and retyraced back to the entry are, good risk reward ratio, expecting a test of the previous broken major trendline before actually cointinuing the upward trend, trageting 38.2 of the bullish major fibb
Silver (XAG/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 24.203 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 24.770 which is a level that sits above an overlap resistance and the 61.8% Fibonacci retracement level. Take profit is...
Lots of bullish talk lately on gold and silver and that these precious metals are on the cusp of a next bullish cycle, with analysts and traders alike predicting the Fed will cut interest rate by the second quarter of 2024. I spoke to a silver trader this morning and he was extremely bullish on silver and even told me to start accumulating it. One EW analyst that...
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current SILVER chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️
Hello Traders ! The Silver Price is Trading in an Ascending Channel 📈 The Price Reached a 0.6 fibonacci retracement level, and Failed To Break The Support Line. So, I Predict a Bullish Move 📈 ----------- TARGET: 25.35000🎯
This Week FORECAST Opportunity for short. This setup trading idea is for intraday. >> TAYOR I'm just giving an idea, it's up to you to follow.
XAGUSD chart for the coming week with key buy and sell areas chart Oanda On the upside buy entry 2400 , 2420 resistance when broken 2450, 2480, 2500 for the downside entry at 2360 , 2350 resistance when broke 2320 , 2300 high resistance 2270 2250