Ascending triangle on 30m TF Could rise to indicated level Comments and/or suggestions highly appreciated:)
Silver managed to get above the resistance at $27.50 and is trying to settle above the next resistance level which is located at $27.75. If silver gets above this level, it will head towards the next resistance at $28.30. RSI is in the moderate territory, and there is plenty of room to gain additional momentum in case the right catalysts emerge. In case silver...
A cypher pattern formed on Silver, 4H Price should reach green lines before the red one. Until either of lines touched the pattern is still in play. Good luck
Silver keeps failing to rise over the 28 dollar mark. A drop back to previous support is now more probable. Do we expect Silver to break over 28$ eventually? The answer is yes but not while Nasdaq is dropping. That correlation is the key.
Dear traders, silver is in a good technical condition to break the flag and rise again. Monitor it carefully!
1) we have two engulfing candle , at the resistance area. 2) if the price can break below 27, we can see price can move down 3) Big resistance area at 29-30 area 4) if price break below 27 , will add short position . target area 25
The chart setup cup and handle indicating a possible breakout. Bad for the USD. Very bad! Keep printing!
Just analyzing history, silver doesn't rally up during a crash. Only after the correction. Just some planning and observation. Publish as a marker to serve my purposes.
There are arguably two historical bull markets about to start: altcoins (started, but the real fireworks are yet to come), and silver . There's a lot of fundamental analysis about silver going around at the moment, especially with the #silversqueeze movement kicking off, and I've written some myself. Let's set the fundamentals aside for a minute and think like...
60.00 57.74 54.74 52.08 50 46.87 44.98 42.08 38.35 36.19 33.50 31.37 30.66 30.10 28.88 25.67 23.10 19.00 16.40 12.00 Who Am I To Develop an Indicator? I must admit that once I developed these areas of Resistance and Support, I could not faithfully trade them. I had no real confidence in the levels because I created...
Market Commentary: LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO... First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the...
This chart shows the recent trend of increasing interest in the silver ETF PSLV (managed by Sprott Inc) vs. SLV (managed by Blackrock with JPMorgan as the custodian). Volume ratio is normalized by ounces per share, so it is the ratio of silver traded for each ETF PSLV is the preferred fund for the Reddit group wallstreetsilver and most people in...
For myself looking back in the future. Been buying more here, even if i can see some bigger corrections happening before new price discovering.
All information in the video. Please do not forget to give this a thumbs up and you can also follow me for more setups. Thank you and good luck.