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Silverlong

SILVERAfter sideways correction, Recently Silver started new impulse move, and now setup suggests that probably wave a-b-c decline in wave ii is complete, Silver retraced nearly 61.8% of the recent rise, also retested its triangular breakout point and recovered sharply. Once it gives positive close above 0-B trendline (purple resistance trendline) then it confirms that wave iii has started. RK's buy signal activated on daily time frame Support from rk's stop loss line along with lower bollinger band Silver retraced nearly 61.8% of recent rally Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
TVC:SILVERLong
by RK_Chaarts
SILVER MCX : How to make money?IS THIS A GOOD TIME TO BUY OR WAIT FOR MORE CLARITY Silver has a major support @ 61150 One can buy with a Stop loss of this support for 1000 points rally from current level. BUY @ 61540 TGT @ 61850-62250-62800 ======= Trading is not about trying to capture every move. Look at the charts carefully and trade only if you are sure about your analysis. Follow the rules, be patient and stock market will definitely reward you... ======= Take care, trade safe !!! Regards Team Moneymarine
MCX:SILVER1!Long
by moneymarine
Silver Futures (CFD)Silver closed above 40 ema in daily time frame in trading session of day before yesterday, it automatically confirms that the silver has completed a complex correction recently, now there is a good chance that a major bottom is done. Silver can possibly make a move towards north direction in the forthcoming trading sessions, as per price we can say towards $24.89 which is the high of wave X and coincidently it is also top of current rising channel. on the way down, or in the worst scenario, the 20 day simple moving average and the lower end of the channel which around coincide around $22.62, will be the crucial support level to watch out for. fib key levels for target and whole scenario macd in weekly macd in daily positive and uptick rsi in weekly uptick stochastic in weekly stochastic in daily Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer i am not sebi registered analyst my studies are for educational purpose only please consult your financial advisor before trading or investing
TVC:SILVERLong
by RK_Chaarts
1
SILVER FALLING WEDGE PATTERNHello Welcome to this analysis about SILVER , we are looking at daily timeframe perspectives. SILVER in recent times heavily decreased with bearishness however it now moved into an oversold condition. SILVER is developing here that will be a decisive factor in the upcoming times. I discovered the main formation SILVER is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how SILVER has emerged with this key SILVER SYMMETRICAL & FALLING WEDGE PATTERN marked in my chart with the black boundaries. SILVER is near support region which is an important support and also psychological support-mark together with the lower-boundary of the SILVER SYMMETRICAL & FALLING WEDGE PATTERN a pullback In this manner, thank you for watching my update-analysis about SILVER and its major SILVER SYMMETRICAL & FALLING WEDGE PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
TVC:SILVERLong
by MyTradeLogic_com
2