SILVER-xagusd
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β³4 Hour chart
π² Possible entry analysis
β³οΈ Possible bull/bear target
πEducational
βββββ-βοΈββββββ-
Detailed analysis π¬
1οΈβ£ Strong break through the 25.00000
2οΈβ£ XABCD Cypher pattern-Bullish sign
3οΈβ£ Broad weakness of USD,USA election results outcome
4οΈβ£ 26.00000 Dynamic support and resistance
5οΈβ£ Price reached October high
6οΈβ£ 25.00000 will Acted as strong support
7οΈβ£ Technical support - Bull
8οΈβ£ 27.00000 acted as key reversal-bullish
9οΈβ£ October high-Immediate resistance-Alternative bearish entry
π Possible swing target-29.00000-major psychological level
#οΈβ£ Overall bullish trend
βββββ-βοΈββββββ-
π Technical bias-H4-Bullish
Price Above 50,100,200 Exponential moving average
Relative strength index - Reached 70- overbought condition short term fall back expected
MACD -Turned green and well above signal line, oscillators pointing upward
Stochastic - Reached 75- overbought condition short term fall back expected
Ichimoku cloud -cloud is turned green-Price is above the cloud-Middle line support
Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band
βββββ-β³οΈββββββ-
Key reversal area's
25.00000 psychological level
22.60000 October month low
25.60000 October month high
25.60000 50% Fibonacci retracement level
30.00000 Major psychological level
24.75000 Possible entry- Bull
27.00000 psychological level/Trendline resistance
βββββ-β³οΈββββββ-
Bullish entry #silver #xagusd
Entry price - 24.80000
Take profit 01 - 26.00000
Take profit 02 - 27.00000
Take profit 03 - 29.00000
π« Stop lose 24.20000
β¬οΈ 17% Growth expected
β€΄οΈ Account growth 2.4 : 16.96
β Risk reward ratio 1 : 7
βββββ-βοΈββββββ-
Push the like button , And cheer up if you found useful
*********
β³4 Hour chart
π² Possible entry analysis
β³οΈ Possible bull/bear target
πEducational
βββββ-βοΈββββββ-
Detailed analysis π¬
1οΈβ£ Strong break through the 25.00000
2οΈβ£ XABCD Cypher pattern-Bullish sign
3οΈβ£ Broad weakness of USD,USA election results outcome
4οΈβ£ 26.00000 Dynamic support and resistance
5οΈβ£ Price reached October high
6οΈβ£ 25.00000 will Acted as strong support
7οΈβ£ Technical support - Bull
8οΈβ£ 27.00000 acted as key reversal-bullish
9οΈβ£ October high-Immediate resistance-Alternative bearish entry
π Possible swing target-29.00000-major psychological level
#οΈβ£ Overall bullish trend
βββββ-βοΈββββββ-
π Technical bias-H4-Bullish
Price Above 50,100,200 Exponential moving average
Relative strength index - Reached 70- overbought condition short term fall back expected
MACD -Turned green and well above signal line, oscillators pointing upward
Stochastic - Reached 75- overbought condition short term fall back expected
Ichimoku cloud -cloud is turned green-Price is above the cloud-Middle line support
Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band
βββββ-β³οΈββββββ-
Key reversal area's
25.00000 psychological level
22.60000 October month low
25.60000 October month high
25.60000 50% Fibonacci retracement level
30.00000 Major psychological level
24.75000 Possible entry- Bull
27.00000 psychological level/Trendline resistance
βββββ-β³οΈββββββ-
Bullish entry #silver #xagusd
Entry price - 24.80000
Take profit 01 - 26.00000
Take profit 02 - 27.00000
Take profit 03 - 29.00000
π« Stop lose 24.20000
β¬οΈ 17% Growth expected
β€΄οΈ Account growth 2.4 : 16.96
β Risk reward ratio 1 : 7
βββββ-βοΈββββββ-
Push the like button , And cheer up if you found useful
Trade closed: stop reached