A breakout of the rising wedge strengthened the case for an upcoming bearish H&S top in Silver. Should the $26.7 level be breached the min target is $23.5
XAGUSD Bearish flag pattern target all the way upto 26.50
Hello,Traders! SILVER is trading in a Local downtrend and the Price has formed a bearish Flag pattern so IF we see A bearish breakout then We will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Daily/4h time frames analysis for Silver. Price action & key levels. Directional bias & thoughts. ❤️Please, support my work with like, thank you!❤️
Silver showing strong fundamentals with an entry from the 1hr technical timeframe, SL moved under the recent swing long and will hold out for more on this
I noticed this today (4 July 2023) and thought I'd share it with the community. I see bullish and bearish indicators both at play, but this could be a good thing.
Looking back on the chart, massive climbs were often preceded by abrupt dips. Stay shark.
Preferred direction: BUY Comment: Let's refresh our previous silver trading idea. Here, as before, we expect more strengthening of the buyer, however, it must be said that the situation is quite uncertain, and it would be better to even take a closer look at the same major currency pairs, the situation there is more interesting. Scenario №1 is already in...
Preferred direction: BUY Comment: Metals , on the contrary, show a negative trend at the beginning of the week, but within the framework of long-term movement, this is just a normal correction. Long trades of both gold and silver are considered. For silver , the price approached important support at the level of 26.50 , from where last time we recorded a...
The price of spot silver versus the US dollar (XAG/USD) remains entrenched within a moderate uptrend. This tends to attract trend-following systems that attempt to buy breakouts of key areas of resistance and buy into corrections. As evident from the H4 chart, price action has rebounded from an equal AB=CD harmonic formation at $26.79. Traders commonly enter...
Switching to a more bearish H&S top with a rising wedge for the right shoulder. Perhaps one more rally to the top of the wedge trading range then off to break the neckline with a selling climax. Longer term, bullish outlook!
XAGUSD made head and shoulder pattern. There is RSI divergences on the head which seems like the rend will be reversed.
7 YEARS 700%... Wanting more than 100% a year for the next 7 is greed... This is the trade you literally can get into. Sleep at night. And just be patient. Bitcoin has proved 3 times that it is not more valuable than Silver and the ancient monetary/industrial metal is about to go through it's great reevaluation and put some distance between the "digital...
Daily: - H&S + Bearish W - Ascending channel is broken - Clear Switch of Momentum Weekly: - MS - LCC + FIB (completion -68 FC) + ZONE 2/4 indications on weekly, Bearish reversal confirmation on daily at the weekly highs + Overal structure 90% rule 4H: - Daily limit - Possible 3rd touch descending trendline
A potential of 66% was detected against a temporary loss of 9% from the current level. Taboo this does not happen immediately. Patiently accumulate positions in the direction of the long-term goal. I don't expect the price to operate below 24.91, but if that happens, i should wait from 53.73. Contrary to popular belief, stock markets are not falling markets. The...
Chart looks better. Looking for bullish momentum Looking at OB and Order flow to enter.
Looking for opportunity in this coin. Need to see more confirmation to enter. More Bullish intention coming need to be seen. Still very cheap coin.
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...