i was little bias about short position in silvermic. i took this trade downside 1:3 risk to reward
Silvermic (Next Month) - Sell area 36800-900 Sl 64250 Tgt - 61500 Reason - Break of Trend Line Reason 2 - Hourly Bearish Engulfing
silver micro in swing zone with a failed breakout attempt. once there is a breakout/breakdown we will have momentum on our side and will trade accordingly
bearish outlook hourly- strong sell (target- 56730/56045/55675) daily/weekly- sell(swing short) bullish outlook immediate resistance/targets -58650/59550/60880 as per current market trend prices should test the lows
Silver can go short in this supply area . Planning short trades will be better.
I have tried to calculate possible fate of Silver Micro using Harmonics and Elliott Wave Analysis.
silvermic 15min intraday level.............................................................
silver mic daily level.................................................................................
Purely in bear territory.... Buy @ the lowest support levels marked.... Bearish below red line... Sell on rise near bearish level...
Risky Bearish pattern in Silver Micro If BEARISH ABCD SELL ACTIVATED AT EXACTLY 70107 AT EXACTLY VERTICLE RED LINE, IT IS VALID SELL CAN ADD MORE AT RED HORIZONTAL LINE MENTIONED ABOVE ABCD SELL AND SL MARKED IN BLACK TARGETS MENTIONED IN BLUE LINE ************************************************* If BEARISH CYPER activated at 69342 at anytime I will take...
There is a bullish harmonic pattern found in Silver Micro. As per Gartley pattern decent profit possible against small stop Entry at green line and exits at blue and black lines marked Take your own analysis and enter Good Luck
silver in a triangle, ready to break soon, keep an eye.... 80 k or 50k??? come to know soon...
SILVERMIC | Flag and wedge breakout occuring - 4000+ points CMP : 67490 SL : 66400 Target : 71600 Almost 1:5 risk reward setup Please try only in SILVERMICRO.
silver micro forming cup and handle pattern ....and breakout already given .....can give good move above 68100 for targets 68250,68500 ,69000
sell at 69660 stop loss 69860 Target 68840
Head & Shoulder Patter on 1 Hour Chart, Short Bellow: 67530, SL:- 69800, Targets T1: 65430 - 65253, T2:- 62870 - 62715 , T3:- 59076 (Final) Educational Purpose Only
Buy Above :- 67860,(Above resistance Area) SL:- 66300 (Bellow Major support) Targets : T1:- 68380, T2:- 69460, T3:- 71225... Note:- 1. Please book your Targets near the points not at exact levels. 2. Stop loss should & must be there. Once the price level cross the T1 and sustain, you may trail your SL on entry price i.e.67860 to...