Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: While the RSI support #1 at 48 is not broken, the probability of price decrease would be too low. A peak is formed in daily chart at 28.55 on 06/ 01 /2021, so...
Is it a good time to take a long position in silver? According to the previous data, it has breaks 2021's support trendline. But the price has bounced off from the 200 moving average. And it's not crossing the 0.886 value of retracement. Hence, at the present silver trading range is between 73222 - 69076 levels. This week silver may collapse up to 0.786 ( TP:...
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: A peak is formed in daily chart at 28.75 on 05/18/2021, so more losses to support(s) 26.60 and minimum to Major Support (25.75) is expected. Price is above...
SILVERMIC | Taking good support at trendline- can see 2000+ pts CMP : 71050 SL : 70000 Target : 72500, 73400 1:2 risk reward setup Already we are holding a long call based on flag - just adding one more position to average
Midterm forecast: 25.75 is a major support, while this level is not broken, the Midterm wave will be uptrend. We will close our open trades, if the Midterm level 25.75 is broken. Technical analysis: A trough is formed in daily chart at 23.75 on 03/31/2021, so more gains to resistance(s) 28.30, 29.85, 33.45 and more heights is expected. Price is above...
Silver might be a good investment. Wait for the right opportunity. 1. Pole and pennant pattern. 2. RSI comes to 50 at first time from 80 RSI and goes sideways between 60 and 50 RSI. CONFIRMATION 1. When RSI will close above 60 and %B will Also close above 1. DOUBLE CONFIRMATION. When Pennant pattern will break. Target would be length of the pole make sure to...
Buy Silver At Cmp 66644 SL - 64900 (DCB) Target - 68500/70000
Price forming falling wedge pattern and it should break up. Already one can sense the strong move from the bottom and this should continue to break up and move further.
we caputre 1:3 on silver earlier. now again silver is on move on key level whats ur interpretation. LEARN TO EARN.
Explained . . . :) One can expect the price to come back to the day support before moving up.
SILVER CHANNEL BREAKDOWN If further slip, nearest support will be around 67700-66501 in short term, resistance around 71400-72100. ... If you like, just hit the thumbs-up button or comment and share. . Updated on : 27-FEB-2021 12.50 pm Disclaimer: Only for learning purposes.
Silver formed inside bullish candle in 4 hour time frame, and breached consolidation zone. Possible targets: 1) 67,500 (that is 50% Fibonacci level), if it sustain on that level then we can hold to achieve the next target. That is 2) 68,500. Feel Free To Ask For Any Technical/Fundamental Query Comment Down Below Educational Purpose Only.
Here's the daily chart of the MCX SILVER. It started to rise from the 18th of March 2020. But currently, it's moving downside. It's a short time fall. After the particular level, it will start to move upside again. It may fall up to the support. And from that point, there will be a reversal in the trend. Targets for the future upside movement of the trend are the...
Om Namah Shivay Brothers, Silver started going down from 6th Jan onwards. And the reason being analyzed in the chart. It is amazing to see the lower timeframe analysis giving the level from where the flat 2 structure should tip. All data and reason are drawn and It shows the amazing result. Om Namah Shivay