march silver rollover now in may contact as per prediction or views looking buy trade rollover biig gap looking in chart so blw 70700 looking dwn fall 70220--69700++++ expect may be sell on with tight sl 71000
COMEX:SI1! charts is used
T/f is Monthly
Triangle pattern formation break below trend line targets are clearly shown
Please find my USDJPY Chart and EURUSD chart published earlier for further evidence
Timeframe: 1 hour
Bull above 69873
Bear below 69700
As per news Silver indicates vulnerability below 69700 if it fails to sustain above 69873. Overall, both silver and gold dipped 0.3% due to a stronger dollar and cautious Fed sentiments, with a 68% chance of a June rate cut.
Silver ready for 74500 near Target we are holding buy trade from 23.6 % level
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear...
hello guys ,
silver is about to breakout kindly buy above trendline, i will buy above 71620 with sl 69800
tgt 1 74580
tgt 2 78000 will wait for level close above in 30 minutes candle
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
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
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
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...
COMEX:SI1! is used (FUTURES)
Head and Shoulders can be clearly seen bit deformed to my liking
targets and levels are clearly marked
who knows In a debt crisis scenario DXY can xoom and SILVER can fall to much lower levels
please do see the other Chart on Silver also on Higher T/f
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
VI and stochastics on weekly chart are indicating a mildly bearish silver (CL COMEX). It is at a long term support of a trend line that is one and a half years old.
It may bounce for few days from here, and that would be a good opportunity to short.
Silver is a short on rise unless it breaks above 26.285. which looks very difficult in current setup.
