XAGUSD1! trade ideas
SIlver_Bullish ViewWeekly Silver chart looking Bullish at the current level. The Price got rejected near the breakout zone and taking a support at 20MA.
One can go Bullish on this at the current level, Hoping for the New ATH.
#This is for the educational purpose, Kindly take the decision after consultation of your financial adviser.
#silver
#bullish
silver mcx crucial update with trendline analysismcx silver eys on last week support 72500@ if stya blw or close 2 days will show till 71800-72000--71100 or hurdel 73865 if stya abv thna sharp recover till 74000-74229+++ expect let see eveng time wht happend nxt will more update-- stya tuned with us wia whtsup
[MCX] Silver Support and Resistance BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Silver May Futures #Intraday25-Apr 4:41 PM
Silver May Futures #Intraday
Sell at CMP- 74250
Stop loss - 74760
Target- As par strategy indicates
*For regular updates DM me*
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
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