just like gold silver gap up on 20th march the price is fading its buying momentum and with that bias im looking for sell on rise setup which i think 75300 could be the short entry and sl will be 75500 with the target of 74300 and second target of 73600 conclusion the target area are possible area to boost the buying liquidity again there will be exiting the trade
if silver sustain above 70k or 70050 level for today's close = 1d candle then it will news based just liquid sweep from rd number of 70k the price will rush towards the upper liquidity lvl of 71250 and 72750 as of trade on long side keep stop loss of 70k or below and target mentioned i.e. 71250 and 72750
after the gap up of 29nov there is price imbalance and buyer's liquidity is laying down under @ 68000 to 66000 zone simple if you the candle from december month youll see reds are more dominat then green and green pullbacks came from previous value zone that were not tested are acting as order block triggering the buy order of buyers BUT..... there are two...
TREND - POSITIVE But unable to break above weekly downward trend line. PRESENT ZONE- At SUPPLY ZONE 3.Encountering yearly supply zone. New 1 hour zone formed. FORECAST -As per ZONE SUPPLY ZONE 3 If breaks above SUPPLY ZONE 3 will go to 25$. if breaks below SUPPLY ZONE 3 will target below 1 hour demand zone/weekly zone. MY TAKE As lots of...
the 3rd oct uptrend is more likely a pullback from the previous downtrend that we had analysed and played well currently the price has reached to the fib golden zone of 0.6 and 0.7 and there is another confluence of previous rejection zone price started making lower high and lower low 68000 - 67000 will be area of order blocks lets wait for the price to...
silver has reached the fib zone and our golden zone looking price need to make a pullback and we have two fair value zone 69000 and 68300 go long based on higher high and higher low formation
The Gap up of 30th aug was not Bullish case in the price gap just grabed all the pending liqduidity from old order block (from 20 and 27 july) due to gap up price face hard selling liquidity and buyer liquidity made a stretch of (15 or more than !%) which created the imbalance with all this conditions it is clear that price will be dropping lower to find more...
Gann Box and Gann Fan is Working perfectly on Levels of Silver MCX... Now again expecting some downside move and then Up :)
Expected to Breakout soon. Tgt mentioned on chart.
Bullish Butterfly In Silver Buy PRZ - 72638-72617 ( Activated ) SL - 72300 ( 15 mins candle close ) Target - 73450/73700/74000
All level worked perfectly and will work perfectly in future also... Enjoy
If silver manages to close below 72733, we may witness a huge fall. expected targets are marked in green line on the chart. which may also act as a support.
Bearish Butterfly In Silver If Breaks 73000 Sell PRZ - 74600/74800 SL - 75001 Target - 73400/73000
Double top formation in silver can be seen in the chart. Short silver below the marked region for the target mentioned. Take entry once 15 minute candle is closed below the region and keep trailing your stoploss according to your risk appetite.
Hello Friends, Here we have shared possible Elliot wave counts of SILVER 4 hourly chart in which we can say possibly we are heading towards north direction as a fresh impulse wave, which can lead towards Bullish bias as now onwards. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like...
Silver Weekly time Frame it has not broken the trend so my downside target would to 200 EMA
SILVER BUY trade Signal SILVER has broken the Resistance trendline and closed above waiting to retrace the support area if the market retest the support area then it will be a good opportunity for a long with very good risk-reward Always trade with Stop Loss
Silver possible wave counts are still suggesting not to go long at these levels, this may correct more, be cautious. Possible Elliot wave counts on weekly time frame macd in weekly is negative Possible Elliot wave counts on daily time frame macd in daily Negative Possible Elliot wave counts on 4 hourly time frame macd in 4 hourly is still below zero...